85 Butcher Road
Monroe, NJ, 08831 $ 2,950,000
Baths0.0 Sq 1,064 Monthly Estimate*
$ 19,607
Studio
for $2,950,000. This 1,064 square foot building was built in 1934 on a lot size of 5.
FOR SALE: 6.4 Acres of Commercially Zoned Land The property is being listed for the first time and presents a tremendous opportunity for development or for an end user. Located at the intersection of Route 33 and Applegarth/ Butcher Rd in the Township of Monroe, the property has quick and easy access to the NJTP Exit 8, Routes 130 & 9, NYC, Philadelphia or the Jersey Shore. The Route 33 Corridor is experiencing massive expansion and development with the addition of numerous large scale industrial distribution warehouses, multi-family and one family developments, as well as the supportive retail up and down the highway. There is a brand new Wawa and Quick Check located at the lighted intersection of Butcher and Applegarth as well as new multi-family developments. The zoning of the property is the H-D Highway Development District, which is one of the most expansive and permissible zones in all of central New Jersey. The zone permits a range of uses such as: Business and Professional Offices, Theaters, Shopping Centers, New Auto Sales and Showroom, Machinery or Equipment Sale & Repair, Wholesale, Distributive and Storage Businesses, Data Processing, Restaurants, Medical Offices and Labs, Banks, Hotels or Motels, and Limited Development Parks. The property is mostly cleared and is level and dry (buyer to determine wetlands). It comprises two lots- a 1.4 Acre Parcel and a 5 Acre Parcel with 650' of Frontage on Butcher Rd that will be sold as a package. There are currently two residential homes on the property as well as several storage buildings. The Property is most ideal for the following uses: Large scale distribution warehouse for the enclosed storage of products. The property is anticipated to support a 200,000 SF warehouse (subject to further evaluation by the buyer) Commercial Contractors looking to Construct a Smaller Warehouse for the Storage of Equipment, Vehicles or Supplies with outdoor parking of Equipment and Vehicles. Anyone looking to build a large residential home and operate their business at the same property. Medical Office Building Hotel or Motel, Commercial Recreation Center (tennis, swim, pickle ball, badminton, etc.) Developers or End Users Real Estate Taxes: $17,642 (both lots) Asking Price: $2,950,000 (both lots) Please call for more information or to schedule a showing.
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FeaturesGeneralSewer Public Sewer
Heating See Remarks
Cooling See Remarks
Utilities Electricity Connected Natural Gas Connected
Roof See Remarks
Zoning HD
Gas Y/N Natural Gas
Year Built 1934
Stories 1
Levels One Two
Property SubType Commercial
Tax Year 2022
County Middlesex
Property Type Commercial Sale
Close Price 0
Status Active
City Monroe
Total Units 0
Lot Size Square Feet 217800
Street Name Butcher
Tax Annual Amount 9026
Days on Market 0
Standard Status Active
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InteriorFlooring See Remarks
Total Stories 1
Full Baths 0
Half Baths 0
Street Suffix Road
Total Baths 0
Living Area Units Square Feet
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ExteriorLot Features See Remarks
Water Source Public
Total Parking 10
Lot Size Area 5
Building Area Total 1064
Lot Dimensions 0.00 x 0.00
Lot Size Acres 5
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* Excluded FeaturesList ByBRIAN T. WALSHListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $19,607
- Monthly Property Taxes
- $752
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Monroe, NJ
Average List Price $2,254,726
Percent of Sale Price 24%
About Monroe, NJ 46,004 Population
64% Since 2002
$ 77,039 Median Income
55.17 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
392003 Elementary School
392100 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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10/18/2023 | $2,950,000 | | Listed Price |