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$2,600,000
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Property Description
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!
Full Property Details
Full Property Details for 770 Route 40
General
- Price: $2,600,000
- Taxes: $21,952 (2022)
- Status: Active
- Type: Warehouse
- Source: BrightMLSPhilly
- MLS ID: NJSA2002940
- Updated: 7/1/2025
- Added to Site: 1, 240 day(s) ago
Business
- Business Type: Auto Related, Other/General Retail, Storage, Truck Ma
Interior
- Flooring: Vinyl
Rooms
Bedrooms
- Primary Bedroom: Unspecified
Additional Information
- Other Features: Auto Bay, Fire Alarm, Guard System, Security Lighting, Security System
Parking
- Total Spaces: 75
- Parking Features: Lighted Parking
- Parking Type: Parking Lot
Location
- Area: Upper Pittsgrove Twp (21714)
- Municipality: UPPER PITTSGROVE TWP
- County: Salem
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: Route 77
- Driving Directions: Located on two Major Routes 40 & 77 at Pole Tavern Circle
- Traffic Count: 10000-14999
- Location Details: Highway
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric, Oil
- Water Heater: Oil
Utilities
- Sewer: On Site Septic
- Water: Well
- Utility Description: Electric Available, Phone, Cable TV Available
Structural Information
- Construction: Block, Mixed Plumbing
- Foundation: Slab
- Roof: Flat
- Walls/Ceilings: Other, Block Walls
- Drive-In Doors: 7
- Drive-In Clearance: 12' to 15'
- Stories/Levels: 0
- Year Built: 1950
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 8.36
- Lot Size (Sq. Ft.): 364,161
- Lot Size Source: Estimated
- Lot Dimensions: 594 x 899
- Street/Road Desc.: US Highway/Interstate
- Lot Features: Cleared, Irregular, Level, Road Frontage, Subdivision Possible
- Zoning: HIGHWAY BUSINESS
- Lot Description: Cleared, Irregular, Level, Road Frontage, Subdivision Possible
Financial Considerations
- Price Per Sq. Ft.: $76.47
- Assessment Year: 2022
- Tax w/Assessment: $753,100
- Tax Amount: $21,952
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal Property And Inventory
- Inclusions: Approx 40k Sf Bldg
- Investment: Yes
Listed by Axon Real Estate, Giacomo R Reggente
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Schools
Schools serving 770 Route 40
School District:Upper Pittsgrove Township Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
235 Pine Tavern Rd, Monroeville, NJ 08343 | PK-8 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 770 Route 40
Date
Details
Price
Change
Source
12/14/2023
Price Reduced
$2,600,000
-18.72%
MLS
3/02/2023
Price Reduced
$3,199,000
-3.06%
MLS
1/13/2023
Price Increased
$3,300,000
78.38%
MLS
2/15/2022
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 770 Route 40
770 Route 40, Elmer, NJ 08343 (MLS# NJSA2002940) is a Warehouse property. 770 Route 40 is currently listed for $2,600,000 and was received on February 15, 2022. Want to learn more about 770 Route 40? Do you have questions about finding other Warehouse real estate for sale in Elmer? You can browse all Elmer real estate or contact a Coldwell Banker agent to request more information.