For Sale

65 Morristown Road Bernardsville NJ - FOR SALE
CITY: COUNTY: STATE: STATUS:
Bernardsville Somerset New Jersey For Sale

PRICE REDUCED

 

LOCATION

65 Morristown Road/Route 202,

Bernardsville, NJ 07924

Lot 13 in Block 124

 

PROPERTY DESCRIPTION

Ideal redevelopment or owner occupant opportunity. The one and one half story commercial building, situated on approximately 0.42 acres, former auto dealership in affluent Bernardsville. Rare sale opportunity affords excellent visibility and access with 155’ of frontage along Morristown Road/ Route 202. In December 2019, the Borough of Bernardsville adopted a Resolution designating the property as a condemnation "Area In Need Of Redevelopment“. Approved Redevelopment Plan entitled “Redevelopment Plan 65 Morristown Road Blk 124 Lot 13 Bernardsville” was adopted and is available on the borough website.  Potential redevelopment for ground level commercial and 2nd  and 3rd floor apartments.  LSRP issued Response Action Outcome (RAO).

AVAILABLE  – EXISTING BLDG.

1st floor -  ±6,037 SF

2nd floor - ±1,371 SF

Total        ±7,408 SF

 

OFFERING PRICE

$1,425,000 “where is, as is”

 

REAL ESTATE TAXES

±14,266.00 projected 2021

 

PARKING

50 existing spaces

 

TRAFFIC COUNTS

ADT 13,851 Morristown Rd/Route 202

 

COMMENTS

  • Opposite renovated Bernardsville Centre 89,083 SF;
  • Situated 2 miles off Exit 26B of I-287;
  • Opposite Bernardsville High School;
  • Neighboring business includes Chipotle, ShopRite, CVS Pharmacy, PNC Bank, plus Class “A” office/medical;
  • Walking distance to Bernardsville NJ Transit Station;
  • Situated along the major north-south commuter road through upscale Somerset County.

DOWNLOAD BROCHURE

65 Morristown Rd Bernardsville brochure 4.23.21.pdf
 
 
If you would like to speak to a member of the Silbert Realty & Management team in regard to this opportunity,
please contact us, at 908.604.6900 for additional information.