Global commercial real estate services firm Colliers announced the exclusive sale offering of 5015 Route 33, a fully occupied mixed-use property featuring eight multifamily residential units and a free-standing retail building in Wall Township.
The asset is being brought to market via the online commercial real estate auction platform Ten-X, with competitive bidding scheduled to run from Dec. 14 to Dec. 16.
The Colliers marketing and advisory team managing the offering includes Vice Chair Jacklene Chesler, Vice President Patrick Norris, and Transaction Manager Brittany Leventoff.
Located directly on Route 33 near its junction with Route 34, the property offers dual revenue streams derived from stable, in-place occupancy:
- Multifamily Component: 100% occupied, featuring a diverse residential unit mix ranging from one-bedroom apartments to two- and four-bedroom single-family configurations.
- Retail Component: A free-standing commercial building leased to The Local Diner & Bakery, an established local dining destination with a strong neighborhood following.
Zoned HB-40 (Highway Business), the property permits a variety of commercial uses, including restaurants, retail storefronts, professional offices, and medical services.
“5015 Route 33 gives investors fully leased, diversified income from two dependable sources: a fully occupied multifamily component and a popular local restaurant,” Chesler, Vice Chair at Colliers said. “With direct frontage on Route 33 and quick access to the Garden State Parkway and I-195, the property combines stable occupancy with long-term upside through lease renewals and periodic rent adjustments.”
Positioned within one of Central New Jersey’s primary transportation and economic hubs, the property benefits from strong highway visibility and immediate connectivity.
The site is minutes away from the Garden State Parkway, Interstate 195, Route 18, and Route 138, providing seamless transit access across Monmouth County, the Jersey Shore, New York City, and Philadelphia.
Auction details
- Platform: Ten-X Online Auction Platform (View Listing)
- Bidding Dates: December 14 – 16, 2026
- Advisory Contact: Colliers Capital Markets
