6B — February 18 - March 17, 2022 — Central New Jersey — M id A tlantic Real Estate Journal
www.marej.com
C entral NJ
OMERSET COUNTY, NJ — A 199,000 s/f, multi-purpose structure S Glick represents Saadia Group in acquisition of 235 Willow Brook Rd., Somerset Sheldon Gross Realty brokers deal on nearly 30-acre location in Central New Jersey
Marcy Gross Eric Weston In a second Central NJ trans- action, a mixed-use building at 64 N. Weiss St, in Manville, which features both a 2,188 s/f office and an income-producing apartment – has been sold for $332,000. The deal was bro- kered by Sheldon Gross Real- ty president Marcy Gross and vice president Eric Weston . Most recently used by the seller related to a contracting business, the structure also fea- tures two large storage sheds, with electricity, and sits on an 8,000 s/f lot. The office space has eight-foot ceilings, a recep- tion area, a conference room, five offices, security cameras, a kitchenette, a generator, loft storage, and off-street parking for five vehicles. “This building is ideal for a small business, given its wealth of features and its location within the thriving, Raritan Valley area,” said Weston. “And given the challenges of small business ownership, also having a residential space to generate additional revenue is an outstanding benefit.” The property is a short drive from Rte. 206, Rte. 202, Rte. 22, and Rte. 28. In addition, it’s three miles from Rte.287, Exit 13. MAREJ main structure on about 30 acres, this property is unique for Monmouth County,” Glick said. “The building could eas- ily be divided into smaller warehouse and manufacturing spaces, with ample power and numerous loading docks. In addition, the land offers oppor- tunities for future expansion. The previous owner was the Gannett news organization, which used the location to print and distribute the Asbury Park Press and other publications.” Area highways to which the Freehold location provides quick access include Rte. 33, Rte. 9, and Rte. 18. In addition, the property is just 10 miles from the Garden State Park- way and less than 15 miles from the New Jersey Turnpike. The Saadia Group owns and manages more than ten million s/f of commercial real estate space across 25 proper- ties in NJ, NY, and PA.
at 235 Willow Brook Rd. in Freehold has been acquired by the Saa- d i a Group , wh i c h wa s represented by Sheldon Gross Real-
ty vice president Jonathan Glick and sales representative Matt Leonelli. CBRE Group re presented the seller. “With a nearly 200,000 s/f Jonathan Glick
235 Willow Brook Rd.
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