61 Jerseyville Ave, Freehold, NJ 07728 - Property for Sale
Available For Sale - Land
0 SF
AVAILABILITY DETAILS
- Size
- 0 SF
- Price/SF
- N/A -
Contact for Info
- Listing ID
- SA549442
- Notes
- Colliers, as exclusive advisor, is pleased to introduce 61 Jerseyville (the “Property”) located in both the Freehold Township and Freehold Borough. Home to the recently decommissioned 551,857 square foot Nestle manufacturing plant, the Property spans 57.5 acres and can support over 600,000 square feet of new development. 61 Jerseyville is being offered on a fee-simple basis.61 Jerseyville offers an excellent opportunity to enter the emerging submarket of Monmouth County which has seen its industrial inventory grow 21% in the last 5 years. Even during this heavy expansion, the submarket has had 15 straight quarters of positive net absorption as tenants continue to move to the region. The Property also sits equidistant to the large population centers of New York and Philadelphia while enjoying access to a diverse, well-educated employment base.61 Jerseyville entered into a fixed-price remediation agreement and has been actively working to reduce groundwater contamination and achieve an NFA from NJDEP. The Freehold Borough, in a commitment for redevelopment of 61 Jerseyville, has designated the site as a non-condemnation area in need of redevelopment in April 2024.
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- Land
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Connor MCRE, Colliers - Washington DC
Connor MCRE, Colliers - Washington DC
