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    136 Market St Kenilworth, NJ 07033

    For Sale
    Contact for pricing

    Two renovated industrial buildings with yard space and below-market rents.

    Property size:
    17,000 SF
    Lot size:
    0.60 Acres

    Property Features for 136 Market St

    General Information

    Size
    17,000 SF
    Lot size
    0.60 Acres

    Source: The Blau & Berg Company Agent Brad P. Jacobs

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

    Overview

    Renovated Industrial Buildings with Yard

    The property features two buildings, both fully renovated in 2018 and currently fully rented. Building 1 offers approximately 12,500 square feet of space with a 12-foot clear ceiling, a wet sprinkler system, two loading docks, and four drive-in doors. It also includes yard space and is situated on an approximately 0.78-acre lot. Building 2 provides approximately 4,500 square feet of space with a 12-foot clear ceiling and a wet sprinkler system, along with one drive-in door. The property's taxes were $23,729.08 in 2022. The cap rate is currently at 5%, with rents below the current market rate.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Access Self Storage, Record Nations, ABC Trading LLC, Reposession Specialist

    Location Insight

    • Map
    • Local Demand
    City
    Kenilworth
    County
    Union
    State
    New Jersey
    Longitude
    -74.2800111
    Latitude
    40.6722262

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    FAQs

    What type of property is this?
    Warehouse - Two renovated industrial buildings with yard space and below-market rents.
    Where is this warehouse located?
    The property is located at 136 Market St Kenilworth, NJ.
    What are key features of this property?
    This property features: - Fully rented with a **5% cap rate**, providing immediate income.; - Both buildings fully renovated in 2018, minimizing potential maintenance costs.; - **±12,500 sf building with 2 loading docks, 4 drive-in doors, and yard space.**
    (732) 997-9511
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    136 Market St Kenilworth, NJ 07033
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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
    136 Market St Kenilworth, NJ 07033
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