211 Cranbury Station RdMonroe Township, NJ 08831

  • Commercial real estate
  • 1,786 SF
For Sale
$595,000 View listing

Property Details for 211 Cranbury Station Rd

Lot size
0.71 AC
Property size (Sq ft)
1,786 SF
Property type
Commercial real estate
APN
12 00025-0000-00015- 1
APU
12000250000000151

Description

This exceptional 0.71-acre commercial land parcel presents a unique investment opportunity in the thriving Monroe Township, New Jersey. Located at 211 Cranbury Station Road, this property boasts a highly visible corner location with a traffic light, ensuring maximum exposure for your business venture. Currently zoned Neighborhood Commercial, the possibilities are vast. The existing structure on the property is uninhabitable and requires either extensive renovation or demolition, offering a blank canvas for your ideal development. Potential uses include, but are not limited to, a general office building, a professional services building (catering to medical or legal practices), or a vendor service center. The property's strategic location and zoning also allow for the possibility of a detached family residence, subject to township approvals. The asking price is $595,000. Prospective buyers are responsible for conducting all necessary due diligence and obtaining any required approvals from the Monroe Township authorities. This is a remarkable chance to establish a thriving business in a high-demand area. Don't miss this opportunity to build your future in a prime location. The property's address is 211 Cranbury Station Road, Monroe Township, NJ 08831.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $337,981
    Hospitality
    $309,589
    Educational
    $257,574
    Medical
    $266,433
    Retail
    $400,671
211 Cranbury Station Rd, Monroe Township, New Jersey

Location Insight

City
Monroe Township
County
Middlesex
State
New Jersey
Latitude
40.3023
Longitude
-74.4738
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,793
$213,300
$37,100
$250,400
-
$213,300
$37,100
$250,400

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