Howell tract sells for $875,000


Contacts:          Kurt Praschak / [email protected] / 973.992-7800, x.289

Lupe Dragon / [email protected] / 973.992-7800, x.172


Howell tract sells for $875,000


Undeveloped location on Okerson Road ready for

 industrial, warehousing, or distribution use



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HOWELL, NJ (Nov. 20, 2023) – A 2.3-acre tract in Howell has been sold for $875,000, in a deal brokered by Sheldon Gross Realty Assistant Vice President Matt Leonelli and Executive Vice President Jonathan Glick. Located at 300 Okerson Road, the property currently is entirely undeveloped.


“This property is particularly appealing because it’s essentially a blank slate,” explains Leonelli. “There are no existing buildings or paved lots on the land, so the new owner will have broad leeway in how the property ultimately is utilized.”


While there are no existing approvals for the site, the property is in the Special Economic Development (SED) Zone. The SED Zone has a wide variety of permitted uses, such as warehousing and distribution; assembly and packaging; certain manufacturing; multipurpose recreation and sports complex; microbreweries; and health fitness facilities.


The Monmouth County location is less than a mile from Route 33 and less than two miles from Route 9. In addition, the property is not quite a 40-miles drive from Newark Liberty International Airport, and only 43 miles from the Port of Newark. Center City Philadelphia is only 70 minutes away, while Midtown Manhattan is an 80-minute drive.


About Sheldon Gross Realty

Based in New Jersey, Sheldon Gross Realty, Inc. offers clients a broad array of specialized services, including office, industrial and retail brokerage; tenant representation; property and asset management; office relocation; and consulting. Founded in 1962, the firm is known for its long-term client relationships, high percentage of repeat business, and a stellar 95 percent success rate in leasing/selling the property assignment it undertakes. Featuring an exceptional team of professionals renowned for outstanding customer service and committed to unparalleled market research, Sheldon Gross Realty addresses its clients’ corporate real estate needs on a local, regional, and national scale.


Additional information is available online at A free consultation is available by calling 862.930-5714.


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