1711 New Rd
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1711 New Rd
2,392 SF Retail Building Linwood, NJ 08221 £313,211 (£131/SF)
Investment Highlights
- Offers 5.99 acres with over 200 feet of frontage on New Road, providing significant space for development.
- Site remediation is in progress with completed soil work and ongoing groundwater treatment, improving site readiness.
- Positioned on New Road, ensuring high visibility and accessibility.
- Features a first-floor shop and a second-floor apartment, allowing for mixed-use possibilities.
- Seller has worked with DEP to increase the buildable area, with final approvals pending.
- The property’s history as a Garden State Gas Station adds a layer of established commercial potential.
Executive Summary
The 5.99-acre property at 1711 New Road offers substantial frontage, dual-use building potential with a shop and apartment, ongoing site remediation, and increased buildable area, making it an ideal location for various development opportunities with high visibility and accessibility.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
2,392 SF
Building Class
C
Year Built
1960
Price
£313,211
Price Per SF
£131
Number of Floors
2
Building FAR
0.01
Land Acres
4.83 AC
Zoning
C - Commercial
Parking
28 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
174 ft on New Road
Amenities
- Air Conditioning
PROPERTY TAXES
Parcel Number | 14-00001-0000-00028 | Improvements Assessment | £39,250 |
Land Assessment | £156,998 | Total Assessment | £196,248 |
PROPERTY TAXES
Parcel Number
14-00001-0000-00028
Land Assessment
£156,998
Improvements Assessment
£39,250
Total Assessment
£196,248
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1711 New Rd
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