2 months on rocket

390 Mounts Mills Rd, Monroe, NJ, 08831

$1,750,000

4.20 Acres
Land

Location

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Property Highlights

Home TypeBusiness
ParkingCurbs
MLS #2503203R
Lot Size4.20 Acres
StatusActive

About 390 Mounts Mills Rd

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
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Housing Market Comparison

See how this home compares to others in Monroe Township, NJ.

Med. Sold Price

$490K

Med. Price/SqFt

$273

Avg. Days On Market

42

# of Sold Homes

69

390 Mounts Mills Rd vs Monroe Township

78 DAYS ON ROCKET

+36 Days

$1,750,000

+$1.2M More

KEY TAKEAWAY

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

IDX 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: 11/23/2024, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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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.

Nearby Schools

school-card-donut-782941
8
/10
  • Milford Brook School

  • 20 Glo Bar Ter

  • 1.51 miles

  • Public District Grades 1-5

school-card-donut-782942
8
/10
  • Clark Mills School

  • 34 Gordons Corner Rd

  • 1.70 miles

  • Public District Grades 1-5

school-card-donut-782943
7
/10
  • Pine Brook School

  • 155 Pease Rd

  • 1.96 miles

  • Public District Grades 6-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $114,943. The majority of Monroe Township, NJ residents have income between $100k-200k annually. Most 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.

How much acreage is this property?

The property 390 Mounts Mills Rd is 4.20 acres.
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Rocket HomesNew JerseyMiddlesex CountyMonroe Township08831390 Mounts Mills Rd

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.

While more than 25 listings in Monroe Township, NJ in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 33 were sold below. Between September 2024 and October 2024, Monroe Township, NJ real estate market has seen increase in the number of listings by 6.9%. While the average time on the market in October 2024 was 42 days, the median list price was $490,000.

From Rocket Homes Real Estate and based on county public records data.

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