Listing Agency: Gramercy Real Estate Services LLC

Listed By: Shaya Grosinger · License #NJ 0900506

Source: Crexi

Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 11:32PM

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Investment Insights

Based on property information with market context.

This industrial land offering includes three loading docks and one drive-in, providing defined loading infrastructure for future development. The site may accommodate a building of up to 150,000 SF and as many as five stories, subject to verification.

Key Highlights

• 3 loading docks
• 1 drive‑in
• Up to 150,000 SF of building area, subject to verification

Property Analytics

Property Profile

Current Use

Posh Perfume Cosmetics ... Cosmetic Store Not Just Bulbs Big Box & Wholesale Store

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Electrical Service Catering Service Computer & Electronic Repair Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

864

Businesses Nearby

Explore this area Business Placement

Demographics for 07208, NJ

33,561

Population

12,958

Households

2.6

Avg Household Size

37

Median Age

21%

College-Educated

81%

High-School Grad

1.8 sq mi

ZIP Area

18,645

Density / Sq Mi

$61,873

Median Household Income

$36,373

Median Earnings

$1,364

Median Rent

$425,600

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Development site with loading infrastructure and potential for a substantial multi-story industrial building, subject to verification.

Where is this industrial land located?

The property is located at 1245 Virginia St Elizabeth, NJ.

What are key features of this property?

This property features: 3 loading docks; 1 drive‑in; Up to 150,000 SF of building area, subject to verification