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    5 Veronica Ave Franklin Township, NJ 08873

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    For Sale
    $2,300,000

    Industrial building with office space, easily accessible from major routes.

    Property size:
    12,000 SF

    Property Features for 5 Veronica Ave

    General Information

    Size
    12,000 SF

    Source: Philip Meoli Agent Philip Meoli

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

    Overview

    Single-User Industrial Building For Sale

    Located one block from Hamilton Street, 5 Veronica Avenue is a single-user industrial building offering 8,000 square feet of industrial space and 4,000 square feet of office space. The property is easily accessible from Routes 18, 27, and 287. Constructed in 1980, the building features two drive-in doors, each measuring 10 feet wide by 12 feet high, and a 14-foot clear ceiling height. It is equipped with a wet sprinkler system and suspended zone heaters. The property includes 25 surface parking spaces. It is zoned B-1, and permitted uses are detailed under the "documents" tab on the property website. Real estate taxes for 2024 are $23,686.
    Location Intelligence

    Current Use by Public Records

    Office space

    Similar Places Nearby

    Vault, CubeSmart Self Storage

    Map

    City
    Franklin Township
    County
    State
    New Jersey
    Longitude
    -74.5325
    Latitude
    40.5013

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    FAQs

    What type of property is this?
    Warehouse - Industrial building with office space, easily accessible from major routes.
    Where is this warehouse located?
    The property is located at 5 Veronica Ave Franklin Township, NJ.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Easily accessible location near Routes 18, 27, and 287.; - Single-user industrial building with **8,000 SF of industrial space and 4,000 SF of offices.**; - Two drive-in doors (10' wide x 12' high).
    (917) 407-7079
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    5 Veronica Ave Franklin Township, NJ 08873
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    Franklin Township, NJ 08873
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    Realmo Value Estimation

    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.

    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.

    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
    5 Veronica Ave Franklin Township, NJ 08873
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