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    373 N Broadway Penns Grove, NJ 08069

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    For Lease
    Contact for pricing

    Large industrial space with 40' ceilings and ESFR fire protection.

    Property size:
    512,442 SF
    Lot size:
    282.00 Acres

    Property Features for 373 N Broadway

    General Information

    Size
    512,442 SF
    Lot size
    282.00 Acres

    Source: CBRE | Philadelphia Suburban Agent Andrew "Drew" Green

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

    Overview

    Spacious Warehouse with High Ceilings

    This industrial property offers a clear height of 40 feet and column spacing of 55 feet by 50 feet in the speed bay. It features four drive-in doors and a floor slab constructed of 8-inch unreinforced concrete over 6 inches of stone. The fire protection system is an ESFR, K-22 system designed to accommodate class 1-4 commodities and cartoned unexpanded plastics. The property encompasses a total area of 512442 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Penns Grove
    County
    Salem
    State
    New Jersey
    Longitude
    -75.472432
    Latitude
    39.711195

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    FAQs

    What type of property is this?
    Warehouse - Large industrial space with 40' ceilings and ESFR fire protection.
    Where is this warehouse located?
    The property is located at 373 N Broadway Penns Grove, NJ.
    What are key features of this property?
    This property features: - 40' Clear Height provides ample vertical storage space.; - ESFR Fire Protection (K-22 System) for enhanced safety.; - 55' x 50' Column Spacing (Speed Bay) optimizes warehouse layout.
    (610) 405-9030
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    373 N Broadway Penns Grove, NJ 08069
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    Penns Grove, NJ 08069
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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
    373 N Broadway Penns Grove, NJ 08069
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