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  • $249,000

    398 Us Highway 46, Mount Olive Twp., NJ 07840

    --beds
    --baths
    0.29Acres
    Unimproved Land
    Built in ----
    0.29 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High visibilityHigh traffic areaSignalized intersectionStrategic locationLot size
    Seize this unique opportunity to own a prime commercial property with immense potential in Mount Olive Twp. Previously approved for a 2-island gas station, this parcel is ideally located at a signalized intersection with excellent road frontage on two major roadways, including a state highway.Property Features:Strategic Location: Enjoy high visibility and accessibility with 200+/- feet of frontage on US-46, perfect for capturing both local and commuter traffic.Versatile Zoning: Permitted uses include retail, service stations, fast food, billboards, automotive and truck sales, and more, providing multiple revenue opportunities.Lot Size: Spanning .29 acres, this lot offers ample space to develop a thriving business while accommodating customer parking and additional facilities.High Traffic Area: Positioned on a busy corridor, this site benefits from substantial daily traffic counts, ensuring a constant flow of potential customers.Additional Advantages:Signalized Intersection: Enhances accessibility and safety for vehicles entering and exiting the property.Development Ready: With prior approval for a 2-island gas station, this site is primed for rapid development with the potential for various commercial projects.Discover the possibilities at this highly desirable location, ideal for business ventures looking to capitalize on a premium position within a vibrant market area.
    423 days
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    88
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Del Cioppo 908-777-0599,

    Realty One Group Next Door

    Source: GSMLS,MLS#: 3964504MLS Logo

      Facts & features

      Property

      Features
      • Frontage length: 300
      Lot
      • Size: 0.29 Acres
      • Features: No Land Improvements, Level, Commercial Area, Corner
      Details
      • Parcel number: 2327083010000000170000
      • Zoning description: C-2 Commercia,General Commercial

      Utilities & green energy

      • Sewer: Septic System Required
      • Water: Well Required
      • Utilities for property: None

      Community & HOA

      Location
      • Region: Route

      Financial & listing details

      • Tax assessed value: $123,600
      • Annual tax amount: $4,183
      • Date on market: 5/21/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,460/mo

        Price history

        DateEventPrice
        9/12/2025Price change$249,000-16.7%
        Source: GSMLS #3964504 Report a problem
        6/17/2025Price change$299,000+30.6%
        Source: GSMLS #3964504 Report a problem
        5/21/2025Listed for sale$229,000+281.7%
        Source: GSMLS #3964504 Report a problem
        2/29/2016Sold$60,000-33.3%
        Source: Public Record Report a problem
        5/15/2007Sold$90,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,307 $123,600
        2024$4,307 +9.3%$123,600
        2023$3,940 -2.5%$123,600
        2022$4,040 +0.3%$123,600
        2021$4,029 +1.7%$123,600
        2020$3,961 +1%$123,600
        2019$3,922 +1.8%$123,600
        2018$3,851 +49.3%$123,600
        2017$2,579 +0.8%$123,600 +49.1%
        2016$2,559 -0.1%$82,900
        2015$2,562 $82,900
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 07840

        Getting around

        30 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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