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$2,500,000

Est. payment - /mo

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7,020 SqFt

Price Dropped by $800K

173 Route 526 Allentown, NJ 08501

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Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,020 sqft

Price per Sqft $356

Municipality Upper Freehold (UPF)

MLS Listing ID 22606043

Year Built 1993

Annual Tax Amount $14,536

Tax Year 2025

Lot Size 7.840 Acres

Acres 7.84

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Located just outside Allentown, this unique commercial property offers a wonderful blend of stability, space, and opportunity. Set on an impressive 8 acres, the building has two established tenants--a well-known pizzeria and a professional business office. Both are currently leased, providing immediate rental income for the next owner. A large garage, currently used for storing appliances and machinery, is conveniently located at the back of the property. The property itself has a welcoming, community-centered feel. The pizzeria brings steady local traffic and a lively presence, while the business office adds a professional balance to the building. Together, they create a dependable tenant mix that supports consistent cash flow. Select more.... Surrounded by open land, the 8-acre parcel offers flexibility and long-term potential--whether for future expansion, additional development, or simply enjoying the space and visibility this sizable lot provides. Its location within Upper Freehold Twp places it in a charming and growing area known for its small-town appeal while still being conveniently connected to surrounding communities. For investors seeking an income-producing commercial property with existing leases already in place, this is a rare opportunity. With tenants secured and room for future possibilities, the foundation is already set for a smart and rewarding investment. A property like this doesn't come along often!

Location

State NJ

County Monmouth

Area None

Direction Exit 7 off of Rt195 and merge onto Rt 526. # 173 - lots of park in Phil's Take-out lot.

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Central Air

Exterior

Exterior Feature Display Window

Parking Features Parking Lot

Roof Type Shingle

Private Pool No

Building

Sewer Septic Tank

Water Well

Structure Type Display Window

New Construction No

Others

Senior Community No

Tax ID 51-00027-0000-00035

Listed by ERA Central Realty Group

NEARBY SCHOOL & BUSINESS

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States