770 Route 40 Elmer, NJ $ 2,600,000
770 Route 40
$ 2,600,000
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770 Route 40

Elmer, NJ, 08343
$ 2,600,000
Baths0.0 Sq 34,000

Monthly Estimate*

$ 18,162

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Studio

Commercial Property for sale in Elmer, NJ

for $2,600,000. This 34,000 square foot building was built in 1950 on a lot size of 8.36.

Major Commercial Development Opportunity Site situated on two Major Routes In Salem County 40 & 77! Come Join Dunkin Donuts, Wawa and the landmark Point 40 Diner! This site is a Hub to all major surrounding areas and sitting between Routes 45 and 55. High visibility and traffic! Bring your vision and your project to this site! Perfect for National and Local Retail, Restaurants, Food and Fuel Service Retailers, Shopping Centers, Institutions, Auto Dealerships, etc... The options abound! Approx 34,000 SF Bldg. on 8.5 acres with room for growth and development. Perfect for Trucking, Rigging, Hauling, where trailer turn arounds and multiple curb cuts and highway access is needed. Room to grow and build!

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Commercial Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,952

Style

Auto Related,/General Retail,Storage,Truck Mainten

Lot Size

8.36

Year Built

1950

Town/City

Elmer

County/Region

Salem

MLS | Web ID

NJSA2002940

Features
Interior
Heating Fuel Electric Oil
Flooring Vinyl
Hot Water Oil
Heating Y/N Y
Central Air Y/N Y
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General
Sewer On Site Septic
Heating Forced Air
Cooling Central A/C
Utilities Electric Available Phone Cable TV Available
Possession Negotiable
Roof Flat
Zoning HIGHWAY BUSINESS
Construction Materials Block Mixed Plumbing
Exclusions Personal Property And Inventory
Year Built 1950
Electric 100 Amp Service 200+ Amp Service Circuit Breakers
Property SubType Retail
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality UPPER PITTSGROVE TWP
Business Type Auto Related Other/General Retail Storage Truck Maintenance Facility Other
Accessibility 2+ Access Exits
County SALEM
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Commercial Distribution Flex Space Hotel/Motel Institutional Recreational Restaurant Retail Special Purpose Warehouse Wholesale Other Senior Assisted/Day Care Medical/Dental Manufacturing Liquor Stor
Water Access Y/N N
Building Features Auto Bay Fire Alarm Guard System Security Lighting Security System
Status ACTIVE
Directions Located on two Major Routes 40 & 77 at Pole Tavern Circle
City ELMER
Buyer Agent Compensation 4
MLS Area Upper Pittsgrove Twp (21714)
Lot Size Square Feet 364161.60
Waterfront Y/N N
Street Name ROUTE 40
Tax Annual Amount 21952.0
Property Condition Very Good
Price Per Sq Ft 76.47
Acceptable Financing Conventional Cash
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 700
Location Type Highway
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Lighted Parking
Lot Features Cleared Irregular Level Road Frontage Subdivision Possible
Water Source Well
Inclusions Approx 40k Sf Bldg
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 34000.00
Lot Dimensions 594 x 899
Lot Size Acres 8.36
Road Surface Type US Highway/Interstate
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Boro/Township State
Land Assessed Value 419000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 770
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* Excluded Features
List By
Axon Real Estate

Broker

giacomo@axonrealestate.com

Email

Affordability Calculator

$19,991
Per Month
91%
9%
0%
Monthly Principal & Interest
$18,162
Monthly Property Taxes
$1,829
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/14/2023$2,600,000 -18.72% Price Down
3/2/2023$3,199,000 -3.06% Price Down
1/13/2023$3,300,000 Listed Price

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770 Route 40, Elmer, NJ, 08343 is a Commercial Property for sale at $2,600,000 with 34,000 sqft and a lot size of 8.36. 770 Route 40 is a studio with 0.0 baths and was built in 1950. The property's zip code is 08343 which is in Elmer, NJ