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Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified,

and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or

other conditions, prior sale, lease or financing, or withdrawal without notice.

LOCATION

N.E. corner of State Highway Route 22

and Warrenville Road (CR 561) signalized

intersection, Green Brook Township,

Somerset County, NJ 08812

Identified as Block 114 Lots 1 & 3.01

TRAFFIC COUNTS

ADT 54,516 State Highway Route 22

ADT 17,517 Warrenville Rd (CR561)

AVAILABLE

Retail development requires site plan approval

a letter of interpretation was obtained from

DEP. Owner-developer will ground lease or

built-to-suit with rent quoted based upon use,

creditworthiness and deal structure.

PROJECTED 2015 DEMOGRAPHICS

2 Mile Radius

Population 35,961

Average HH Income $113,270

Median HH Income $87,784

Median Age 40.7

Daytime Population 14,785

3 Mile Radius

Population 81,499



Median Age 39.4


5 Mile Radius

Population 209,578



Median Age 38.4


±14 ACRE REGIONAL COMMERCIAL DEVELOPMENT SITEState Highway Route 22 & Warrenville Road (CR561)

Green Brook Township, Somerset County, New Jersey

85A Division Avenue • P O Box 406 • Millington, NJ 07946

908-604-6900 • 908-604-2030 fax

Website: www.silbertrealestate.com • Email: [email protected]

Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified,

and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or

other conditions, prior sale, lease or financing, or withdrawal without notice.

FOR ADDITIONAL INFORMATION

CONTACT:

Brian S. Silbert, President & CEO

908.604.6900 x15 [email protected]

DESCRIPTION

Approximately 14 acres of unimproved commercial

land with over 1300 feet of prime highway frontage

slated for retail development and affording

exceptional visibility from east-west. The site will be

served with all underground city utilities. Owner

developer Green Brook Meadows LLC will build-to-

suit for credit tenants or ground lease.

ZONING

•Regional Highway Commercial District (RHC)

•606.1 Permitted Uses:

•606.1-1: Shopping centers, retail stores and shops,

repair shops for household type items, personal

service establishments, business and professional

offices, banks and fiduciary institutions, and

restaurants;

•606.1-2: Indoor theaters and other forms of

commercial recreation establishments where the

activity is conducted within a building or buildings;

606.1-3: Wholesale establishments and distribution

centers for finished products or commodities; 606.4:

Conditional Uses:

•606.4-1: Public Utilities;

•606.4-2: Nursing Homes;

•606.4-3: Quasi-public buildings and recreation

areas;

•606.4-4: Public garages and motor vehicle service

stations;

•606.4-5: Automobile sales establishments operated

by bona fide new car dealers; 606.4-6: Hotels and

Motels

FEATURES/COMMENTS

Located 3.5 miles South of I-78 Exit 36;

Situated within affluent Somerset County along

major retail corridor;

Heavily developed with big box, automotive

dealerships, restaurants and other retail including

mature residential development surrounding;

Bridgewater Commons Regional Mall located

approximately 6 miles West and Costco 0.5 miles

East.

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Subject Site ±14 Acres SR 22 & Warrenville Road (CR 561), Green Brook Twp., Somerset County, NJ 08812

WestEast

ADT 52,905

ADT 17,517

Green BrookOffice Park

Lund LaneExisting Residential

Convenience Store

Exit 36Approx. 4 miles

Furniture Store

1,300’

±400

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±333

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CR

651

±14 Acre Regional Commercial Development SiteState Highway Route 22 & Warrenville Road (CR 561) Green Brook Township, Somerset County, New Jersey

Subject Site ±14 Acres SR 22 & Warrenville Road (CR 561), Green Brook Twp., Somerset County, NJ 08812 Driving Distances Shopping Centers 100 Marketplace: Basking Ridge, NJ 6.0 miles Blue Star Shopping Center: Watchung, NJ 5.8 miles Bridgewater Commons Mall: Bridgewater, NJ 7.0 miles Centennial Shopping Center: Piscataway, NJ 4.8 miles Centennial Square: Piscataway, NJ 4.8 miles Dewy Meadow Shopping Center: Basking Ridge, NJ 6.4 miles Franklin Commons: Somerset, NJ 5.4 miles Marketplace at Manville: Manville, NJ 6.0 miles Middlesex Mall: South Plainfield, NJ 4.5 miles North Plainfield Shopping Center: North Plainfield, NJ 2.0 miles Pheasant Run Shopping Center: Warren, NJ 3.0 miles Piscataway Town Center: Piscataway, NJ 4.9 miles The Promenade: Bridgewater, NJ 4.5 miles Riverwalk Village: Basking Ridge, NJ 6.1 miles Stirling Center: Stirling, NJ 4.9 miles Valley Mall Shopping Center: Gillette, NJ 4.9 miles Warren Village: Warren, NJ 3.5 miles

Subject Site ±14 Acres SR 22 & Warrenville Road (CR 561), Green Brook Twp., Somerset County, NJ 08812 Driving Distances Watchung Commons: Watchung, NJ 5.5 miles Watchung Plaza: Watchung, NJ 5.0 miles Watchung Square: Watchung, NJ 4.6 miles

Detailed Demographic

Route 22 & Warrenville Rd

Analysis Level: Block Groups (2010 Census) 12/1/2015

route 22 & warrenville Longitude: -74.49046green brook, nj Latitude: 40.595719

Route 22 & Warrenville Rd

Population Change

Radial Trade Area, 2 miles



Number Percent Change



1980 Census 30,102 70,180 174,037

1990 Census 29,438 -2.2% 67,343 -4.0% 172,720 -0.8%

2000 Census 32,503 10.4% 74,260 10.3% 190,891 10.5%

2010 Census 35,132 8.1% 79,097 6.5% 202,389 6.0%

2015 Projection 35,961 2.4% 81,499 3.0% 209,578 3.6%

2020 Projection 37,965 5.6% 86,041 5.6% 221,004 5.5%

Households Change







1980 Census 9,898 23,027 58,044

1990 Census 10,293 4.0% 23,217 0.8% 59,931 3.3%

2000 Census 11,379 10.6% 25,650 10.5% 65,085 8.6%

2010 Census 12,211 7.3% 27,021 5.3% 68,355 5.0%

2015 Projection 12,666 3.7% 28,181 4.3% 71,655 4.8%

2020 Projection 13,281 4.9% 29,565 4.9% 75,222 5.0%

Families (2015)




Families 9,449 21,152 52,536

Average Family Household Size 3.22 3.29 3.32

Households: Non-Family 3,217 7,029 19,119

Average Non-Family Household Size 1.64 1.65 1.69

Population by Race (2015)




Number Percent Number Percent Number Percent

White 23,987 66.7% 46,346 56.9% 108,865 51.9%

Black 4,161 11.6% 14,871 18.2% 43,798 20.9%

Asian 4,829 13.4% 12,131 14.9% 28,710 13.7%

Native American 54 0.2% 242 0.3% 778 0.4%

Hawaiian / Pacific Islander 16 0.0% 40 0.0% 87 0.0%

Two or More 915 2.5% 2,260 2.8% 6,570 3.1%

Other Race 1,998 5.6% 5,611 6.9% 20,769 9.9%

Total 35,960 100.0% 81,501 100.0% 209,577 100.0%

Hispanic Population (2015)





Hispanic 6,416 17.8% 16,590 20.4% 53,405 25.5%

Not Hispanic 29,545 82.2% 64,909 79.6% 156,173 74.5%

Total 35,961 100.0% 81,499 100.0% 209,578 100.0%

Income (2015)




Median Household Income $87,784 $86,161 $78,781

Average Household Income $113,270 $109,506 $103,719

Average Family Income $137,281 $127,977 $121,680

Per Capita Income $39,955 $37,901 $35,534

Households by Income (2015)





Less Than $10,000 320 2.5% 792 2.8% 2,770 3.9%

$10,000-$14,999 326 2.6% 719 2.6% 2,389 3.3%

$15,000-$19,999 266 2.1% 677 2.4% 2,323 3.2%

$20,000-$24,999 315 2.5% 827 2.9% 2,451 3.4%

$25,000-$29,999 443 3.5% 893 3.2% 2,299 3.2%

$30,000-$34,999 448 3.5% 814 2.9% 2,374 3.3%

$35,000-$39,999 303 2.4% 775 2.7% 2,629 3.7%

$40,000-$49,999 836 6.6% 1,859 6.6% 5,057 7.1%

$50,000-$59,999 869 6.9% 1,869 6.6% 4,855 6.8%

$60,000-$74,999 1,248 9.9% 2,990 10.6% 7,098 9.9%

$75,000-$99,999 1,874 14.8% 4,206 14.9% 10,472 14.6%

$100,000-$124,999 1,507 11.9% 3,692 13.1% 8,236 11.5%

$125,000-$149,999 1,180 9.3% 2,411 8.6% 5,069 7.1%

$150,000-$199,999 1,419 11.2% 2,906 10.3% 6,830 9.5%

$200,000-$249,999 325 2.6% 667 2.4% 1,644 2.3%

$250,000-$499,999 777 6.1% 1,641 5.8% 4,079 5.7%

$500,000+ 209 1.6% 444 1.6% 1,083 1.5%

Total 12,665 100.0% 28,182 100.0% 71,658 100.0%

Households by Tenure (2015)





Owner Occupied 9,697 74.8% 20,921 72.5% 47,885 65.1%

Renter Occupied 2,968 22.9% 7,260 25.2% 23,770 32.3%

Vacant 302 2.3% 666 2.3% 1,900 2.6%

Total 12,967 100.0% 28,847 100.0% 73,555 100.0%

Daytime Population (2015)




Establishments 1,834 3,337 9,162

Employees 14,785 30,493 116,574

Population by Gender (2015)





Male 17,662 49.1% 40,160 49.3% 104,200 49.7%

Female 18,298 50.9% 41,339 50.7% 105,378 50.3%

Total 35,960 100.0% 81,499 100.0% 209,578 100.0%

Marital Status (2015)





Now Married 14,852 50.6% 32,647 49.3% 78,593 46.2%

Separated 1,040 3.5% 2,931 4.4% 9,415 5.5%

Divorced 2,365 8.1% 5,179 7.8% 13,275 7.8%

Never Married 9,195 31.3% 21,635 32.7% 58,935 34.6%

Widowed 1,908 6.5% 3,780 5.7% 9,974 5.9%

Total 29,360 100.0% 66,172 100.0% 170,192 100.0%

Household Structure (2015)





Married Couple Family with Children 3,564 37.7% 7,839 37.1% 18,929 36.0%

Lone Parent Male with Children 271 2.9% 737 3.5% 2,086 4.0%

Lone Parent Female with Children 824 8.7% 2,047 9.7% 5,897 11.2%

Married Couple Family No Children 3,791 40.1% 8,207 38.8% 19,483 37.1%

Lone Parent Male No Children 323 3.4% 742 3.5% 2,044 3.9%

Lone Parent Female No Children 675 7.1% 1,579 7.5% 4,096 7.8%

Total 9,448 100.0% 21,151 100.0% 52,535 100.0%

Total Population (2015)





Age 0-4 1,994 5.5% 4,918 6.0% 13,162 6.3%

Age 5-9 2,217 6.2% 5,124 6.3% 12,997 6.2%

Age 10-14 2,390 6.6% 5,285 6.5% 13,227 6.3%

Age 15-19 2,427 6.8% 5,359 6.6% 13,836 6.6%

Age 20-24 2,122 5.9% 4,998 6.1% 14,192 6.8%

Age 25-29 2,100 5.8% 5,153 6.3% 14,174 6.8%

Age 30-34 2,124 5.9% 5,262 6.5% 14,002 6.7%

Age 35-39 2,311 6.4% 5,456 6.7% 13,899 6.6%

Age 40-44 2,568 7.1% 5,716 7.0% 14,599 7.0%

Age 45-49 2,852 7.9% 6,212 7.6% 15,561 7.4%

Age 50-54 2,902 8.1% 6,344 7.8% 15,901 7.6%

Age 55-59 2,683 7.5% 5,940 7.3% 14,693 7.0%

Age 60-64 2,178 6.1% 4,765 5.8% 11,884 5.7%

Age 65-69 1,708 4.7% 3,710 4.6% 9,170 4.4%

Age 70-74 1,150 3.2% 2,529 3.1% 6,315 3.0%

Age 75-79 807 2.2% 1,773 2.2% 4,611 2.2%

Age 80-84 657 1.8% 1,377 1.7% 3,433 1.6%

Age 85+ 769 2.1% 1,581 1.9% 3,922 1.9%

Total 35,959 100.0% 81,502 100.0% 209,578 100.0%

Median 40.6 39.3 38.3

Total Male Population (2015)





Age 0-4 1,009 5.7% 2,513 6.3% 6,736 6.5%

Age 5-9 1,114 6.3% 2,618 6.5% 6,677 6.4%

Age 10-14 1,250 7.1% 2,752 6.9% 6,843 6.6%

Age 15-19 1,279 7.2% 2,812 7.0% 7,323 7.0%

Age 20-24 1,100 6.2% 2,590 6.4% 7,535 7.2%

Age 25-29 1,050 5.9% 2,543 6.3% 7,226 6.9%

Age 30-34 1,073 6.1% 2,655 6.6% 7,201 6.9%

Age 35-39 1,120 6.3% 2,729 6.8% 7,106 6.8%

Age 40-44 1,254 7.1% 2,854 7.1% 7,276 7.0%

Age 45-49 1,403 7.9% 3,061 7.6% 7,717 7.4%

Age 50-54 1,410 8.0% 3,053 7.6% 7,846 7.5%

Age 55-59 1,351 7.6% 2,945 7.3% 7,261 7.0%

Age 60-64 1,057 6.0% 2,286 5.7% 5,726 5.5%

Age 65-69 783 4.4% 1,712 4.3% 4,244 4.1%

Age 70-74 546 3.1% 1,188 3.0% 2,899 2.8%

Age 75-79 349 2.0% 762 1.9% 1,934 1.9%

Age 80-84 251 1.4% 544 1.4% 1,353 1.3%

Age 85+ 263 1.5% 542 1.3% 1,297 1.2%

Total 17,662 100.0% 40,159 100.0% 104,200 100.0%

Median 39.3 37.9 36.8

Total Female Population (2015)





Age 0-4 985 5.4% 2,405 5.8% 6,426 6.1%

Age 5-9 1,104 6.0% 2,506 6.1% 6,321 6.0%

Age 10-14 1,140 6.2% 2,533 6.1% 6,384 6.1%

Age 15-19 1,148 6.3% 2,546 6.2% 6,513 6.2%

Age 20-24 1,022 5.6% 2,408 5.8% 6,657 6.3%

Age 25-29 1,050 5.7% 2,610 6.3% 6,948 6.6%

Age 30-34 1,050 5.7% 2,606 6.3% 6,801 6.5%

Age 35-39 1,192 6.5% 2,726 6.6% 6,793 6.4%

Age 40-44 1,314 7.2% 2,862 6.9% 7,323 6.9%

Age 45-49 1,448 7.9% 3,151 7.6% 7,845 7.4%

Age 50-54 1,492 8.2% 3,290 8.0% 8,054 7.6%

Age 55-59 1,332 7.3% 2,995 7.2% 7,433 7.1%

Age 60-64 1,121 6.1% 2,479 6.0% 6,158 5.8%

Age 65-69 925 5.1% 1,998 4.8% 4,926 4.7%

Age 70-74 604 3.3% 1,341 3.2% 3,415 3.2%

Age 75-79 458 2.5% 1,011 2.4% 2,677 2.5%

Age 80-84 406 2.2% 832 2.0% 2,080 2.0%

Age 85+ 506 2.8% 1,039 2.5% 2,625 2.5%

Total 18,297 100.0% 41,338 100.0% 105,379 100.0%

Median 41.7 40.6 39.9

Population by Household Type (2015)





Family 30,384 84.5% 69,523 85.3% 174,644 83.3%

Non-Family 5,287 14.7% 11,613 14.2% 32,396 15.5%

Group Quarters 290 0.8% 363 0.4% 2,538 1.2%

Total 35,961 100.0% 81,499 100.0% 209,578 100.0%

Labor Force Employment Status 16 Plus (2015)





In Armed Forces 6 0.0% 6 0.0% 17 0.0%

Employed 19,201 95.0% 43,652 94.1% 110,744 93.7%

Unemployed 1,004 5.0% 2,736 5.9% 7,453 6.3%

Total 20,211 100.0% 46,394 100.0% 118,214 100.0%

Educational Attainment Age 25+ (2015)





< Grade 9 1,553 5.2% 5,519 8.0% 20,310 11.3%

Grades 9-12 2,352 7.9% 5,366 7.8% 15,633 8.7%

High School 7,331 24.5% 15,993 23.1% 40,258 22.4%

Some College 4,484 15.0% 9,322 13.5% 23,191 12.9%

Associate Degree 1,561 5.2% 3,768 5.4% 9,092 5.1%

Bachelors Degree 6,244 20.8% 13,310 19.2% 31,505 17.5%

Graduate Degree 6,438 21.5% 15,916 23.0% 39,803 22.1%

Total 29,963 100.0% 69,194 100.0% 179,792 100.0%

Educational Attainment Age 25+ (2010)





No schooling completed 379 1.6% 775 1.4% 2,137 1.6%

Nursery-4th grade 162 0.7% 429 0.8% 1,488 1.1%

5th-6th grade 150 0.6% 669 1.2% 2,931 2.2%

7th-8th grade 326 1.4% 783 1.5% 2,526 1.9%

9th grade 151 0.6% 451 0.8% 1,497 1.1%

10th grade 302 1.3% 787 1.5% 2,423 1.8%

11th grade 453 1.9% 960 1.8% 2,145 1.6%

12th grade no diploma 299 1.2% 811 1.5% 2,046 1.5%

High school graduate, GED, or alternative 7,613 31.8% 16,653 31.1% 41,110 30.2%

Some college, < 1 year 1,101 4.6% 2,278 4.3% 5,707 4.2%

Some college, 1+ years, no degree 2,816 11.8% 6,225 11.6% 16,375 12.0%

Associate's degree 1,726 7.2% 3,666 6.8% 8,451 6.2%

Bachelor's degree 5,495 23.0% 12,420 23.2% 29,693 21.8%

Master's degree 2,188 9.1% 5,015 9.4% 12,653 9.3%

Professional school degree 438 1.8% 970 1.8% 2,879 2.1%

Doctorate degree 324 1.4% 712 1.3% 1,966 1.4%

Total 23,923 100.0% 53,604 100.0% 136,027 100.0%

Educational Attainment Male Age 25+ (2010)






Nursery-4th grade 43 0.4% 146 0.6% 837 1.3%

5th-6th grade 76 0.7% 346 1.3% 1,878 2.9%

7th-8th grade 145 1.3% 339 1.3% 1,194 1.8%

9th grade 46 0.4% 200 0.8% 632 1.0%

10th grade 161 1.4% 390 1.5% 1,000 1.5%

11th grade 223 1.9% 510 2.0% 1,163 1.8%

12th grade no diploma 139 1.2% 383 1.5% 1,060 1.6%


Some college, < 1 year 517 4.5% 1,074 4.2% 2,493 3.8%


Associate's degree 848 7.4% 1,570 6.1% 3,640 5.5%


Master's degree 1,081 9.4% 2,361 9.2% 5,925 9.0%


Doctorate degree 161 1.4% 413 1.6% 1,106 1.7%

Total 11,447 100.0% 25,713 100.0% 65,860 100.0%

Educational Attainment Female Age 25+ (2010)






Nursery-4th grade 119 1.0% 282 1.0% 651 0.9%

5th-6th grade 75 0.6% 323 1.2% 1,053 1.5%

7th-8th grade 181 1.4% 444 1.6% 1,331 1.9%

9th grade 105 0.8% 251 0.9% 865 1.2%

10th grade 140 1.1% 397 1.4% 1,422 2.0%

11th grade 231 1.8% 450 1.6% 982 1.4%

12th grade no diploma 160 1.3% 428 1.5% 986 1.4%


Some college, < 1 year 584 4.7% 1,204 4.3% 3,214 4.6%


Associate's degree 878 7.0% 2,096 7.5% 4,811 6.9%


Master's degree 1,106 8.9% 2,655 9.5% 6,727 9.6%


Doctorate degree 163 1.3% 300 1.1% 861 1.2%

Total 12,477 100.0% 27,892 100.0% 70,165 100.0%

Housing Value of Owner-Occupied Housing Units: (2010)





Less than $10,000 16 0.2% 54 0.3% 96 0.2%

$10,000 to $14,999 1 0.0% 2 0.0% 9 0.0%

$15,000 to $19,999 49 0.5% 58 0.3% 90 0.2%

$20,000 to $24,999 18 0.2% 36 0.2% 56 0.1%

$25,000 to $29,999 0 0.0% 1 0.0% 30 0.1%

$30,000 to $34,999 3 0.0% 18 0.1% 65 0.1%

$35,000 to $39,999 27 0.3% 45 0.2% 114 0.2%

$40,000 to $49,999 4 0.0% 11 0.1% 82 0.2%

$50,000 to $59,999 7 0.1% 14 0.1% 46 0.1%

$60,000 to $69,999 17 0.2% 64 0.3% 114 0.2%

$70,000 to $79,999 39 0.4% 69 0.3% 138 0.3%

$80,000 to $89,999 22 0.2% 66 0.3% 182 0.4%

$90,000 to $99,999 33 0.4% 53 0.3% 128 0.3%

$100,000 to $124,999 112 1.2% 247 1.2% 633 1.4%

$125,000 to $149,999 90 1.0% 238 1.2% 586 1.3%

$150,000 to $174,999 189 2.0% 499 2.5% 1,202 2.6%

$175,000 to $199,999 238 2.5% 468 2.3% 1,243 2.7%

$200,000 to $249,999 914 9.8% 2,044 10.1% 4,680 10.2%

$250,000 to $299,999 1,390 14.8% 3,042 15.1% 6,577 14.3%

$300,000 to $399,999 2,734 29.2% 6,156 30.6% 13,556 29.4%

$400,000 to $499,999 1,703 18.2% 3,255 16.2% 7,458 16.2%

$500,000 to $749,999 937 10.0% 2,136 10.6% 5,518 12.0%

$750,000 to $999,999 380 4.1% 822 4.1% 1,909 4.1%

$1,000,000 or more 442 4.7% 746 3.7% 1,580 3.4%

Total 9,365 100.0% 20,144 100.0% 46,092 100.0%

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m Green Brook Township, Somerset County, New Jersey€¦ · Middlesex Mall: South Plainfield, NJ...

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