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$899,999
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Property Description
Prime commercial opportunity in Old Bridge/Matawan. Outstanding opportunity to own approxomately 3 acres along highly traveled Highway 516 in Old Bridge. This well-positioned property offers excellent visability,substantial road frontage, and convenient access to Major Highways, Shopping, residential communities, and surrounding commercial development. This property currently includes an approximate 1462 sq ft building with additional detached garage, providing flexibility for an owner-user, investor or potential redevelopment opportunity. Located within Old Bridge's Town Center District (TCD ) Subarea 1A, the site offer exciting possibilities for a variety of commercial and mixed-use concepts, subject yo municipal approvals. With approximately 156,800 sq. ft. of land, strong traffic exposure and a strategic location connecting Old Bridge and Matawan areas. This property presents a rare opportunity for a business owner, developer or investor looking to establish a presence in one of Central Jerseys desirable growth corridors. High visibility, tremendous potential. Buyer to perform due diligence regarding zoning permitted uses and approvals.
Full Property Details
Full Property Details for 3960 Hwy 516 Hwy
General
- Price: $899,999
- Taxes: $9,799 (2025)
- Status: Active
- Type: Commercial
- Source: Middlesex
- MLS ID: 2702756R
- Updated: 8/26/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Refrigeration, Carpeting
- Appliances: Refrigeration
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Living Room: 1,462 Sq. Ft.
Parking
- Total Spaces: 14
- Parking Features: On-Site Parking
- Parking: On Site
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: Wall Unit(s), Window Unit(s)
- Heating Type: Baseboard, Radiant, Central
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Private
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 1,462
- Year Built: 1920
Lot Features
- Lot Size (Acres): 2.5
- Lot Size (Sq. Ft.): 108,900
- Lot Dimensions: 407.00 x 0.00
- Lot Features: Commercial Area, Highway Location, Wooded
- Zoning: TCD
- Lot Description: Commercial Area, Highway Location, Wooded
Financial Considerations
- Tax Amount: $9,799
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: See Remarks
- Property ID: 1510252240001711
Listed by Nexthome Nations Realty
Get Pre-Approved Today
Schools
Schools serving 3960 Hwy 516 Hwy
School District:Old Bridge Township School District
| Name | Grades | Distance |
|---|---|---|
James Mc Divitt Elementary School 1 Manny Martin Way, Old Bridge, NJ 08857 | K-5 | 0.5 mi |
Carl Sandburg Middle School 3439 County Road 516, Old Bridge, NJ 08857 | 6-8 | 0.9 mi |
Old Bridge High School 4209 County Road 516, Matawan, NJ 07747 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3960 Hwy 516 Hwy
Date
Details
Price
Change
Source
8/14/2026
Listed
$899,999
56.52%
MLS
10/15/2022
Sold
$575,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3960 Hwy 516 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,799
10%
$154,900
—
2024
$8,904
7%
$154,900
—
2022
$8,289
—
$154,900
—
2022
$8,283
2%
$154,900
—
2021
$8,136
34%
$154,900
—
2021
$6,073
-23%
$154,900
—
2019
$7,929
1%
$154,900
—
2018
$7,833
3%
$154,900
—
2017
$7,593
2%
$154,900
—
2016
$7,438
2%
$154,900
—
2015
$7,313
3%
$154,900
—
2013
$7,082
—
$154,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3960 Hwy 516 Hwy
3960 Highway 516 Highway, Old Bridge Township, NJ 07747 (MLS# 2702756R) is a Commercial property. 3960 Highway 516 Highway is currently listed for $899,999 and was received on August 14, 2026. Want to learn more about 3960 Highway 516 Highway? Do you have questions about finding other Commercial real estate for sale in Old Bridge Township? You can browse all Old Bridge Township real estate or contact a Coldwell Banker agent to request more information.

