Under contract

85 Butcher Road

Monroe NJ, 08831

$2,950,000


$2,772.56 per sqft

Under contract

1,064 sqft

Commercial

Built in 1934

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.

2404555R

MLS ID

October 18, 2023

Listed

September 13, 2024

Updated

Map

85 Butcher Road
Monroe NJ, 08831

Interior Features

Total Stories

1


Floor Description

See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

See Remarks


Heating

Yes


Heating Description

See Remarks

Exterior/Building Features

Lot Size

5 Acres


Lot Features

See Remarks


Roof

See Remarks


Sewer

Public Sewer

Other Property Details

Taxes

$9,026


Tax Frequency

Annually


Days on Market

236


Garage

No


Parking Total

10


View

No


County

Middlesex


Water Source

Public


Pool

No


Zoning

HD

Listing History

Date

Event

Price

6/10/2024

Under contract

Courtesy of DAVIS REALTORS with BRIAN T. WALSH,
Listing Contact:  

 

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