Manufacturing Property with Flexible
For Sale
$2,400,000
15 Harold St, Westwood, NJ 07675
LB-1 zoning supports industrial and manufacturing use in Westwood.
Property Size13,000 SF
Days on Market239
Property Features for 15 Harold St
General Information
Standard status
Active
Size
13,000 SF
Property subtype
Factory
Building Details
Building Size
13,000 SF
Year Built
1953
Listing Agency:
Keller Williams City Views Realty
Listed By:
Bruce Elia
(201) 315-1223
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 10
Last Checked: Oct 14 at 7:36PM
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 Keller Williams City Views Realty
Investment Insights
Based on property information with market context.
This manufacturing property includes a 13,000-square-foot building constructed in 1953. The source information describes solid construction, ample operating space, and zoning under LB-1, with flexibility for industrial and manufacturing uses.
Located at 15 Harold St in Westwood, New Jersey, the property provides access to major transportation routes, including the Garden State Parkway and Route 17. Westwood Plaza and Bergen Town Center are nearby, adding shopping and dining options to the surrounding area.
Located at 15 Harold St in Westwood, New Jersey, the property provides access to major transportation routes, including the Garden State Parkway and Route 17. Westwood Plaza and Bergen Town Center are nearby, adding shopping and dining options to the surrounding area.
Key Highlights
- 13,000‑square‑foot manufacturing building
- Constructed in 1953
- Zoned LB‑1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,915
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,918,300
$2.9M
Cap Rate 7%
$2,084,500
$2.1M
Cap Rate 9%
$1,621,278
$1.6M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$221.5K $17.04/SF
− Vacancy
−$13.1K −$1.01/SF
EGI
$208.5K $16.03/SF
− OpEx
−$62.5K −$4.81/SF
NOI
$145.9K $11.22/SF
Area
Bergen County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,918,300
Cap Rate 7%
$2,084,500
Cap Rate 9%
$1,621,278
Alternative Uses
Best Use
Industrial
$2.08M
$1.82M – $2.43M
NOI $145,915 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.39M
$2.97M – $3.96M
NOI $237,619 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,258
Businesses Nearby
Explore this area
Business Placement
Demographics for 07675, NJ
27,079
Population
10,049
Households
2.7
Avg Household Size
45
Median Age
65%
College-Educated
97%
High-School Grad
9.6 sq mi
ZIP Area
2,821
Density / Sq Mi
$176,981
Median Household Income
$72,808
Median Earnings
$2,347
Median Rent
$680,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - LB-1 zoning supports industrial and manufacturing use in Westwood.
Where is this manufacturing property located?
The property is located at 15 Harold St Westwood, NJ.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 13,000‑square‑foot manufacturing building; Constructed in 1953; Zoned LB‑1
