65 Morristown Road, Bernardsville, NJ

65 Morristown Road Bernardsville NJ - FOR SALE

Status

For Sale

Price

$1,425,000

Property Description

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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.

Property Details

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Property Location

65 Morristown Road Bernardsville NJ - FOR SALE