BRAND NEW TO THE MARKET!
DEVELOPMENT LAND OPPORTUNITY
Approved Self-Storage Facility | Morganville (Marlboro Township), NJ
142 Amboy Road, Morganville, NJ
Site Size: ±32.29 AC as per the NJ Tax Maps and ±33.07 AC as per the Planning Board resolution.
According to the NJDEP wetlands map, there are approximately 11.24 AC of wetlands.
Approved Building Size: ±199,280 SF Total
±103,520 SF two-story self-storage building and eight (8) single-story self-storage buildings with 80 parking spaces
Zoning: Approved for Self-Storage Use. A use variance was granted by the Municipal Zoning Board of Adjustment for the construction of a 199,280+ square foot self-storage facility. The Buyer will still need planning board approval.
Asking Price: $3,750,000.00.
Seller will sell the property subject to full approvals for self-storage development.
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PROPERTY OVERVIEW
Rare opportunity to acquire a large, self-storage development site in the heart of Morganville, one of Monmouth County’s most desirable and supply-constrained submarkets. 142 Amboy Road has received zoning approval for the development of a ±199,280 square foot self-storage facility, offering a clear path to development in a high-income, densely populated trade area.
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INVESTMENT HIGHLIGHTS
• Zoning Approval in Place – Entitled for ±199,280 SF self-storage facility
• Significant Land Area – ±32.29 AC as per the NJ Tax Maps and ±33.07 AC as per the Planning Board resolution allows for efficient site layout, circulation, and expansion flexibility
• Strong Self-Storage Market Fundamentals – High household incomes, dense residential base, and limited new supply
• Prime Monmouth County Location – Morganville / Marlboro Township is a proven, high-barrier-to-entry market
• Excellent Accessibility – Frontage and access along Amboy Road with proximity to Route 9 and regional arterials
• Attractive Demographics – Affluent suburban population with strong demand drivers for self-storage (homeownership, downsizing, renovations)
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APPROVED DEVELOPMENT PROGRAM
• Total Building Area: ±199,280 SF. ±103,520 SF two-story self-storage building and eight (8) single-story self-storage buildings with 80 parking spaces
• Use: Self-Storage Facility
• Configuration: (Buyer to finalize design; site supports modern multi-story or hybrid layout)
• Status: Zoning approvals obtained (further permits subject to standard municipal and agency review)
LOCATION & ACCESS
The property is strategically located along Amboy Road in Morganville, offering strong visibility and convenient access for both local residents and surrounding communities. The site benefits from close proximity to Route 9, one of New Jersey’s primary north-south corridors, providing connectivity throughout Monmouth and Middlesex Counties.
Amboy Road has 348’ of frontage, Mill Road has 2,210.86’ of frontage.
MARKET OVERVIEW
• Strong residential density with limited available development land
• High median household incomes
• Consistent demand for self-storage from homeowners, renters, and small businesses
• Barriers to entry due to zoning restrictions and limited entitled sites
Public utilities are available in the area. Buyer to independently verify capacity, connections, and infrastructure requirements. Municipal utilities are located within close proximity to the subject.
Please reach out to Matt Miller for additional information.
Cell: 908-770-0686
Email: matt@legacyrealtynj.com
Matt Miller
Legacy Commercial Realty, LLC
