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    2323 Randolph Ave Avenel, NJ 07001

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    For Lease
    Contact for pricing

    Logistics facility in the Ports submarket with excellent transport links.

    Property size:
    17,054 SF
    Lot size:
    4.72 Acres

    Property Features for 2323 Randolph Ave

    General Information

    Size
    17,054 SF
    Lot size
    4.72 Acres

    Source: Lee & Associates | Elmwood Park Agent Rick Marchisio

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

    Overview

    Avenel Logistics Facility for Lease

    This logistics facility, encompassing 17,054 square feet, is situated in the Ports submarket. Its location at the crossroads of NJ Turnpike 12, Route 440, Goethals Bridge, Route 1&9, Garden State Parkway, and Interstate 278 provides strategic access. The property is approximately 10 miles from Newark Liberty International Airport and Port Newark-Elizabeth, and about 20 miles from New York City via the Holland Tunnel or Verrazzano-Narrows Bridge. The location benefits from access to a strong local workforce, making it suitable for logistics activities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rhenus Logistics Transportation Service Society of Marine Port ... Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

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

    Similar Places Nearby

    TGI GENERAL GLASS, Warehouse, Eastern Warehouses, Inc, University Van Lines, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Avenel
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2557072
    Latitude
    40.5969022

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    FAQs

    What type of property is this?
    Warehouse - Logistics facility in the Ports submarket with excellent transport links.
    Where is this warehouse located?
    The property is located at 2323 Randolph Ave Avenel, NJ.
    What are key features of this property?
    This property features: - Strategic location at the crossroads of major transportation routes: NJ Turnpike 12, Route 440, Goethals Bridge, Route 1&9, Garden State Parkway, and Interstate 278.; - Quick access to Newark Liberty International Airport and Port Newark-Elizabeth (± 10 miles).; - Convenient access to New York City via Holland Tunnel or Verrazzano-Narrows Bridge (± 20 miles).
    (908) 930-7306
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    Avenel, NJ 07001
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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
    2323 Randolph Ave Avenel, NJ 07001
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