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    Secaucus Warehouse Near Turnpike Exit Title is generated by Realmo AI

    1000 New County Road, Secaucus, NJ 07094

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    Warehouse/distribution space with access to major transportation routes.

    Type:Industrial
    Property size:
    53,715 SF
    Added:
    Nov 22, 2025
    Days on Market:
    195
    Last Refresh:
    May 19 at 9:10 pm

    Property Features for 1000 New County Road

    General Information

    Standard status
    Active
    Size
    53,715 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Thomas Monahan
    Thomas Monahan

    Listing agent Thomas Monahan

    Listing office CBRE | Saddle Brook

    Listing date Nov 22, 2025

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Saddle Brook

    HighLights

    • Direct access to NJ Turnpike and New York City.
    • Located at Exit 15X of the NJ Turnpike.
    • Proximity to New York City (±7 miles via Lincoln and Holland Tunnels).
    • Close to Secaucus Junction (.5 miles).
    • Convenient access to Newark Liberty International Airport (±10 miles).
    • Near Ports Newark / Elizabeth (±10 miles).

    Overview

    Located in the Meadowlands, this property offers direct access to the New Jersey Turnpike and New York City. Situated at Exit 15X of the New Jersey Turnpike, it is approximately 7 miles from New York City via the Lincoln and Holland Tunnels, and about 10 miles from Newark Liberty International Airport and Ports Newark/Elizabeth. The property is also located 0.5 miles from Secaucus Junction. The property size is 53715 square feet and is suitable for warehouse, industrial, and distribution purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bestwind Transportation Inc Trucking Company Costo warehouse Apartment Building Empire Steelcase Warehouse & Storage Sears Distribution Center Specialty Food Shop ⭐ Architecture Roofing & Remodeling Roofing Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • United Warehouse & Logistics Inc. — 501 New County Rd, Secaucus, NJ 07094
    • eastnwestlogistics — 900 Castle Rd, Secaucus, NJ 07094
    • Depo Secausus — 801 Penhorn Ave #5, Secaucus, NJ 07094
    • Business Relocation Services — 20 Aquarium Dr, Secaucus, NJ 07094
    • Art Van Lines USA, Inc. — 501 Penhorn Ave #2nd, Secaucus, NJ 07094

    Location Insight

    • Map
    • Local Demand
    City
    Secaucus
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0827
    Latitude
    40.762

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    FAQs

    What type of property is this?
    Warehouse - Warehouse/distribution space with access to major transportation routes.
    Where is this warehouse located?
    The property is located at 1000 New County Road Secaucus, NJ.
    What are key features of this property?
    This property features: Direct access to NJ Turnpike and New York City.; Located at Exit 15X of the NJ Turnpike.; Proximity to New York City (±7 miles via Lincoln and Holland Tunnels).
    (201) 712-5610
    We can help!
    Listing Contact
    Thomas Monahan
    Thomas Monahan
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    1000 New County Road, Secaucus, NJ, 07094
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