Warehouse
400 Broadway Road
400 Broadway Rd, Freehold, NJ 07728
Listing Price: Request For Offer
Investment Overview
The Geller Group at Marcus & Millichap is pleased to present the exclusive offering of 400 Broadway, a vacant industrial property situated on ±7 acres in the heart of Monmouth County, New Jersey. This site represents a rare redevelopment opportunity in a highly desirable suburban market characterized by strong housing demand and limited land availability. The property currently consists of a 37,800-square-foot steel-frame warehouse built in 1955, featuring five drive-in doors, one exterior dock, a 5,000-square-foot garage, and a large fenced yard with trailer parking. With full utility access—including 3-phase heavy power, gas, water, and sewer—and a FEMA Zone X designation (no special flood hazard), the site offers a clean slate for developers seeking to capitalize on its strategic location and zoning potential.
The property is zoned LTW-40 (Lake Topanemus Watershed District), which prioritizes low-density residential development and environmental protection. Under current zoning, the highest and best use for the site is single-family residential redevelopment, subject to compliance with watershed management practices and design standards. This zoning framework aligns with the growing demand for suburban housing in Monmouth County, where supply constraints and demographic trends continue to drive absorption and price appreciation. Developers may also explore entitlement strategies for alternative residential formats or mixed-use concepts, leveraging the site’s size and proximity to major transportation corridors.
Strategically located near Routes 9, 33, and 34, 400 Broadway offers excellent connectivity to regional employment centers and Newark Liberty and Trenton-Mercer airports. The surrounding area benefits from strong household incomes, quality schools, and access to retail and lifestyle amenities, making it an attractive destination for new residential communities. The property’s scale and configuration provide flexibility for subdivision planning, while its existing infrastructure reduces upfront development costs compared to raw land acquisitions. This combination of location, zoning, and physical attributes positions 400 Broadway as a compelling redevelopment play in one of New Jersey’s most competitive housing markets.
This offering is presented as a Request for Pricing, allowing investors and developers to underwrite based on their vision and market outlook. With its vacant status, favorable zoning, and strategic location, 400 Broadway represents a unique opportunity to transform a legacy industrial site into a vibrant residential community. For additional information, site plans, and entitlement guidance, please contact The Geller Group at Marcus & Millichap.
400 Broadway Road
Investment Highlights
- The building includes 5 drive-in doors, 1 exterior dock, a large fenced yard, truck wells, and a 5K SF fully equipped garage—perfect for transportation, storage, or service-based businesses.
- The "LTW4" zoning in Freehold likely refers to a specific agricultural/residential zone, probably in Upper Freehold Township, allowing single-family homes, farms (with 5+ acres), pools and courts.
- Located in suburban Monmouth County near major routes (9, 33, 34), the site provides convenient access to Newark and Trenton airports, making it attractive for logistics and fleet operations.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- The building includes 5 drive-in doors, 1 exterior dock, a large fenced yard, truck wells, and a 5K SF fully equipped garage—perfect for transportation, storage, or service-based businesses.
- The "LTW4" zoning in Freehold likely refers to a specific agricultural/residential zone, probably in Upper Freehold Township, allowing single-family homes, farms (with 5+ acres), pools and courts.
- Located in suburban Monmouth County near major routes (9, 33, 34), the site provides convenient access to Newark and Trenton airports, making it attractive for logistics and fleet operations.
Investment Overview
The Geller Group at Marcus & Millichap is pleased to present the exclusive offering of 400 Broadway, a vacant industrial property situated on ±7 acres in the heart of Monmouth County, New Jersey. This site represents a rare redevelopment opportunity in a highly desirable suburban market characterized by strong housing demand and limited land availability. The property currently consists of a 37,800-square-foot steel-frame warehouse built in 1955, featuring five drive-in doors, one exterior dock, a 5,000-square-foot garage, and a large fenced yard with trailer parking. With full utility access—including 3-phase heavy power, gas, water, and sewer—and a FEMA Zone X designation (no special flood hazard), the site offers a clean slate for developers seeking to capitalize on its strategic location and zoning potential. The property is zoned LTW-40 (Lake Topanemus Watershed District), which prioritizes low-density residential development and environmental protection. Under current zoning, the highest and best use for the site is single-family residential redevelopment, subject to compliance with watershed management practices and design standards. This zoning framework aligns with the growing demand for suburban housing in Monmouth County, where supply constraints and demographic trends continue to drive absorption and price appreciation. Developers may also explore entitlement strategies for alternative residential formats or mixed-use concepts, leveraging the site’s size and proximity to major transportation corridors. Strategically located near Routes 9, 33, and 34, 400 Broadway offers excellent connectivity to regional employment centers and Newark Liberty and Trenton-Mercer airports. The surrounding area benefits from strong household incomes, quality schools, and access to retail and lifestyle amenities, making it an attractive destination for new residential communities. The property’s scale and configuration provide flexibility for subdivision planning, while its existing infrastructure reduces upfront development costs compared to raw land acquisitions. This combination of location, zoning, and physical attributes positions 400 Broadway as a compelling redevelopment play in one of New Jersey’s most competitive housing markets. This offering is presented as a Request for Pricing, allowing investors and developers to underwrite based on their vision and market outlook. With its vacant status, favorable zoning, and strategic location, 400 Broadway represents a unique opportunity to transform a legacy industrial site into a vibrant residential community. For additional information, site plans, and entitlement guidance, please contact The Geller Group at Marcus & Millichap.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
