Industrial Building on 1.09
145 11th St Piscataway, NJ 08854
145 11th St, Piscataway, NJ, 08854
$1,800,000
Pending
For Sale
$1,800,000
Pending
7,200 SF industrial building with fenced outdoor storage.
Property Size7,200 SF
Lot Size1.09 Acres
Days on Market281
Property Features for 145 11th St
General Information
- Standard status
- Pending
- Size
- 7,200 SF
- Lot size
- 1.09 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing Agency
BHHS FOX & ROACH
(732) 469-1515
Listed by
TIM DELUCCIA
Source
Corcoran
Added: Oct 13, 2025 Checked: Jul 19 at 3:51 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS FOX & ROACH
Investment Insights
Based on property information with market context.
This 7,200 square foot industrial building is situated on 1.09 acres. The property features four overhead doors, with dimensions of 12' x 12' and 10' x 10'. The building has 12' clear ceilings. Currently, the property is divided into two units, one of 6,000 square feet and another of 1,200 square feet. A new roof has been installed. The property includes man doors, overhead doors, and a large fenced outdoor storage area. The zoning permits warehousing and light manufacturing. The property is suitable for an owner-user or as an investment property, with both tenants currently on month-to-month leases.
Key Highlights
- 7,200 SF Industrial Building on 1.09 Acres
- Features four overhead doors (12' X 12' and 10' X 10')
- Large fenced outdoor storage
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.7k | $17.04 |
| − Vacancy | −$7.2k | −$1.01 |
| EGI | $115.4k | $16.03 |
| − OpEx | −$17.3k | −$2.41 |
| NOI | $98.1k | $13.63 |
7,200 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.40M
$1.23M – $1.64M
NOI $98,132 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.19M
NOI $131,604 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Millson Precision Machining
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Easi Self Storage Unit — 3060 new brunswick ave, piscataway, nj 08854
- Rebel Trucking & Rigging, LLC — 1640 New Market Ave Building 1D, South Plainfield, NJ 07080
FAQs
What type of property is this?
Warehouse - 7,200 SF industrial building with fenced outdoor storage.
Where is this warehouse located?
The property is located at 145 11th St Piscataway, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 7,200 SF Industrial Building on 1.09 Acres; Features four overhead doors (12' X 12' and 10' X 10'); Large fenced outdoor storage
