475 Marlboro RdOld Bridge, NJ 08857

  • Commercial real estate
  • 9,408 SF
For Sale
$1,300,000 View listing

Property Details for 475 Marlboro Rd

Year built
2005
Lot size
1.23 AC
Property size (Sq ft)
9,408 SF
Zone code
R15
Property type
Commercial real estate
APN
15 17004-0000-00011- 11
APU
151700400000001111

Description

This exceptional 10,100 square foot storefront property, located at 475 Marlboro Road in Old Bridge, New Jersey, presents a significant investment opportunity. Situated on a generous 1.24-acre lot in Monmouth County, this retail space boasts ample parking with 23 designated spaces, ensuring convenient access for customers and employees. The property's prominent location in Old Bridge, zip code 08857, offers excellent visibility and accessibility, making it ideal for a variety of retail businesses. The asking price is $1,300,000. This substantial space provides a significant opportunity for a business seeking to establish a strong presence in a thriving community. The property's size and ample parking make it suitable for businesses requiring significant space and customer convenience. Its location in Old Bridge, New Jersey, offers access to a robust local market and excellent transportation links. The 1.24-acre lot provides potential for future expansion or development, adding further value to this already attractive investment. Serious inquiries are encouraged to explore this exceptional retail opportunity. The property is classified as a storefront and is ready for immediate occupancy. This is a rare opportunity to acquire a substantial retail space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,780,362
    Hospitality
    $1,630,802
    Educational
    $1,356,808
    Medical
    $1,403,470
    Retail
    $2,110,590

Location Insight

City
Old Bridge
County
Middlesex
State
New Jersey
Latitude
40.396
Longitude
-74.3441
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
2022
$23,157
$73,400
$364,100
$437,500
-
$73,400
$364,100
$437,500

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