Arvin Family Sells 5.86-Acre Commercial Parcel In Readington For $3.2 Million

A 5.86-acre commercial parcel located at 3523 Route 22 in Readington has been sold for $3,200,000. The property features a 6,468-square-foot former restaurant and is strategically positioned along a key highway retail corridor, contributing to its potential as a high-visibility redevelopment site.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,200,000
• Address: 3523 Route 22
• Market: Readington
• Acres: 5.86
• Square Footage: 6,468
• Price Per Square Foot: $495
• Seller: Arvin family
• Broker: Tim Deluccia - Deluccia Commercial Group

The transaction was managed by Tim Deluccia from Deluccia Commercial Group, representing the Arvin family, who are known for their ownership of Arvin’s Produce and Garden Center. This sale consolidates the family’s remaining adjacent holdings in the area.