Cervelli lists 30,000 sq. ft. Green Brook industrial building (with redevelopment potential)

by | Mar 20, 2026 | Featured, Industrial

342 Route 22 in Green Brook — Courtesy: Cervelli Real Estate & Property Management

By Joshua Burd

The owner of a 30,000-square-foot industrial building in Somerset County has put the property on the market, in an offering by Cervelli Real Estate & Property Management.

Brokers say the asset, 342 Route 22 in Green Brook, is well-suited for a range of users looking to establish or expand operations in a centrally located Somerset County submarket. The building includes two tailgate loading docks and two drive-in doors, providing efficient access for shipping, receiving and day-to-day operations.

Cervelli added that, while the property is zoned for warehousing and manufacturing, it sits within an affordable housing overlay zone that permits new residential development.

“This dual positioning offers buyers the ability to utilize the asset for current operations while maintaining future redevelopment potential as market conditions evolve,” the listing team wrote in a news release. “Opportunities that combine functional industrial infrastructure with alternative-use flexibility remain limited, particularly in supply-constrained markets across northern and central New Jersey.”

Cervelli expects to draw interest from owner-occupiers, contractors and developers seeking to secure a well-located asset with multiple strategic paths, the firm said. It also pointed to the appeal of Green Brook’s accessibility to major transportation routes, which can support both regional distribution and local business operations.

Subscribe

Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

Other Top Stories