173 Route 526, Allentown, NJ 08501

New Listing
$3,300,000
Property Type: Commercial Square Footage: 7,020 Lot Size (sq. ft.): 341,510 Status: Active
Current Price: $3,300,000 List Date: 3/10/2026 Last Modified: 3/10/2026

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....

Supplements: 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!

More Information MLS# 22606043

Contract Info

Sale: Yes Lease: No List Price/SqFt: 470.09 Lease Price: 0 Lease Price Per/SqFt: 0 New Construction: No Status: Active List Date: 2026-03-10 Property Sub-Type: Commercial List Price: $3,300,000 Current Price: $3,300,000

Location

Area/Section: None House Number: 173 Street Name: Route 526 County: Monmouth Municipality: Upper Freehold (UPF) Postal City: Allentown State: NJ Zip Code: 08501 Directions: Exit 7 off of Rt195 and merge onto Rt 526. # 173 - lots of park in Phil's Take-out lot.

General Property Info

# Levels: 1 Acreage: 7.84 Garage: Yes Business Name: Phil's Take Out & Bus Office Business Operating: Yes Apx SqFt: 7020 Apx Year Built: 1993

Tax and Legal

Asmnt - Total: 786600 Taxes: 14536 Tax Year: 2025

Remarks & Misc

Excluded: Personal belongings

Use

Pizza: 1 Professional/Office: 1

Zoning

Commercial: 1

Electric

Other - See Remarks: 1

Basement

Slab: 1

Gas

On Site: 1

Cooling

Central Air: 1 Ductless: 1

Water Heater

Natural Gas: 1

Heating

Ductless: 1 Forced Air: 1 Natural Gas: 1

Water

Well: 1

Sewer

Septic Tank: 1

Exterior

Display Window: 1 Security System: 1

Parking

Parking Lot: 1

Assessment Status

Assessed: 1

Financing

Cash: 1

Construction/Siding

Brick: 1

Roof

Shingle: 1

Property Features

Use: Pizza; Professional/Office Basement: Slab Cooling: Central Air; Ductless Heating: Ductless; Forced Air; Natural Gas Water Heater: Natural Gas Water: Well Sewer: Septic Tank Gas: On Site Electric: Other - See Remarks Exterior: Display Window; Security System Parking: Parking Lot Roof: Shingle Zoning: Commercial Assessment Status: Assessed Financing: Cash
Listing Office: ERA Central Realty Group
Listing Agent: Stefania Fernandes
IDX
Last Updated: March - 10 - 2026
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