Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    23 Forest Ln Penns Grove, NJ 08069

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    596,443 SF warehouse with ample parking available now.

    Property size:
    596,443 SF
    Lot size:
    91.44 Acres

    Property Features for 23 Forest Ln

    General Information

    Size
    596,443 SF
    Lot size
    91.44 Acres

    Source: CBRE | Saddle Brook Agent Thomas " Tom" Monahan

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

    Overview

    Spacious Warehouse in Penns Grove

    This warehouse property, located in Penns Grove, NJ, offers a total building size of 596,443 square feet. The building dimensions are 1,230 feet by 495 feet, with 2,500 square feet dedicated to office space. It features a 40-foot ceiling height and column spacing of 50 feet by 54 feet, along with a 60-foot speed bay size. The property is equipped with 127 dock doors (9' x 10') and 4 drive-in doors. Parking includes 363 car spaces and 122 trailer spaces. The building is equipped with an ESFR sprinkler system and has a power supply of 2,500 amps at 480 volts/3-phase. The property is available now.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Wholesale Shop Department Store Skin Care Clinic Kitchen & Bath Food Market Storage Facility Garden Center Discount Store Electrical Service Convenience Store

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

    Similar Places Nearby

    Omni Logistics

    Location Insight

    • Map
    • Local Demand
    City
    Penns Grove
    County
    Salem
    State
    New Jersey
    Longitude
    -75.4137493
    Latitude
    39.6793826

    Nearby Similar for Sale

    • New
      Contact for pricing
      Pending

      Warehouse with 14 Loading Docks

      Large warehouse with 14 loading docks, convenient location.
      455 Shell Rd, Penns Grove, NJ 08069
      View Details
    • $475,000
      1.07 Acres

      Professional Office Building For Sale

      Brick colonial-style building on one acre lot, suitable for various businesses.
      317 Shell Rd, Penns Grove, NJ 08069
      View Details
    • $105,000
      0.22 Acres

      Waterfront Land in Penns Grove

      Waterfront property with views, privacy, and beach access.
      Delaware Dr, Penns Grove, NJ 08069
      View Details
    • $249,999
      1,920 SF

      Penns Grove Duplex Investment Opportunity

      Well-maintained duplex in Penns Grove, NJ, generating $3,000 monthly income.
      204-206 S Broad St, Penns Grove, NJ 08069
      View Details
    • Contact for pricing
      530,000 SF

      530,000 SF Warehouse Available Now

      530,000 SF warehouse featuring 118 dock doors and 4 drive-in doors.
      48 Forest Ln, Penns Grove, NJ 08069
      View Details
    • Contact for pricing
      774,530 SF

      774,530 SF Industrial Space

      Large industrial property with 40' clear height and ample parking.
      1050 Penns Grove Auburn Rd, Penns Grove, NJ 08069
      View Details

    FAQs

    What type of property is this?
    Warehouse - 596,443 SF warehouse with ample parking available now.
    Where is this warehouse located?
    The property is located at 23 Forest Ln Penns Grove, NJ.
    What are key features of this property?
    This property features: - Large Building Size: 596,443 SF total building size provides ample space.; - High Ceiling Height: 40' ceiling height accommodates diverse needs.; - Abundant Dock Doors: 127 dock doors (9' x 10') facilitate efficient loading.
    (973) 568-6614
    Request Owner's contact information
    23 Forest Ln Penns Grove, NJ 08069
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23 Forest Ln
    Penns Grove, NJ 08069
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    23 Forest Ln Penns Grove, NJ 08069
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.