FOR SALE: 4.2 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 on Old Bridge Englishtown Rd. in between Union Hill Rd. and Texas Rd. in the Township of Monroe, the property has quick and easy access to the NJTP Exit 8A, Routes 9 and 18, NYC, Philadelphia or the Jersey Shore. In addition, sidewalks were recently added to the whole length of the property along Old Bridge Englishtown Rd and a lighted intersection is being installed at the north of the property at the intersection of Mounts Mill Rd. The zoning of the property is N-C (Neighborhood Commercial.) The zone permits a range of uses such as: Retails Stores Personal Service Establishments such as Beauty and Barber Shops, Repair Shops, etc, Laundry or Dry Cleaning Restaurants Banks Business or Professional Offices, Any use that fits the character of a retail of professional zone. Automotive gas stations, and repair or service are conditionally permitted. Potential Possible Uses: Light Industrial/ Flex Warehouses for the storage of products and supplies as well as Contractor Uses have been approved in the same zone and could potentially be approved for the property (variance potentially required, Buyer to verify.) Potential Possible Uses: The property also lends itself to residential uses, with the potential to divide for between 4-6 lots. (Variance potentially required. Buyer to verify). The property is partially cleared and is mostly level. It comprises two existing lots- a 3.8 Acre Parcel and a .4 Acre Parcel. There are currently two residential homes on the property. One is rented and the other is vacant. The Property is most ideal for the following uses: Flex Warehouse/Contracting Users looking to Construct a 20-30,000 SF Warehouse for the Storage of Equipment, Supplies, Parts, Goods, Etc. Medical/ Professional Office Building Retail Shopping Center Home Builders looking to Build 4-6 Custom Homes Real Estate Taxes: $9,985 (both lots) Asking Price: $1,750,000 (both lots) Please call Broker for more information or to schedule a showing.
Property Details
Property Features
Property Information:
Architectural Style: Remarks
Listing Office:
Office Name: DAVIS REALTORS
Exterior Features
Parking Information:
Parking: Curbs
Lot Features
Lot Information:
Lot: Curbs, Sidewalk, See Remarks
Lot Size: 4.20 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,750,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Monroe Township, NJ.
This property is $1.2M more than the Median Sold Price in Monroe Township, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CJMLS API
MLS Number: #2503203R
Listing Office:
Office Name: DAVIS REALTORS
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/23/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,802
Per Month
Principal & Interest
$8,735
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,313
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Milford Brook School
20 Glo Bar Ter
Distance between this listing and this school1.51 miles
Public District Grades 1-5
8
/10
Clark Mills School
34 Gordons Corner Rd
Distance between this listing and this school1.70 miles
Public District Grades 1-5
7
/10
Pine Brook School
155 Pease Rd
Distance between this listing and this school1.96 miles
Public District Grades 6-6
Nearby Schools
7
/10
Manalapan-Englishtown Middle School
155 Millhurst Rd
Distance between this listing and this school2.93 miles
Public District Grades 7-8
6
/10
Monroe Township Middle School
1629 Perrineville Rd
Distance between this listing and this school4.02 miles
Public District Grades 6-8
6
/10
Jonas Salk Middle School
155 W Greystone Rd
Distance between this listing and this school4.10 miles
Public District Grades 6-8
Nearby Schools
6
/10
Manalapan High School
20 Church Ln
Distance between this listing and this school2.93 miles
Public District Grades 9-12
5
/10
Monroe Township High School
200 Schoolhouse Rd
Distance between this listing and this school3.97 miles
Public District Grades 9-12
4
/10
Spotswood High School
105 Summerhill Rd
Distance between this listing and this school5.17 miles
The neighbors living near this home have an average income of $114,943. Typical income of Monroe Township, NJ residents is between $100k-200k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 390 Mounts Mills Rd
What is the listing price of this property?
The listing price of 390 Mounts Mills Rd property is $1,750,000.
What type of property is this?
The property 390 Mounts Mills Rd is land located in Monroe, New Jersey, 08831.
Is this property for sale now?
Active Listing: 390 Mounts Mills Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 390 Mounts Mills Rd in Monroe, NJ and zip code 08831. This home sits on a 4.20 acre lot. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $1,750,000.
In November 2024 more than 29 listings in Monroe Township, NJ were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 26 were sold below. The number of homes for sale in Monroe Township, NJ increased by 1.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $491,114, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.