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    Spacious Warehouse on 7.36 Acres Title is generated by Realmo AI

    2099 Main Road, Newfield, NJ 08344

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    42,794 SF warehouse on 7.36 acres near Routes 55/322.

    Type:Industrial
    Property size:
    42,794 SF
    Added:
    Nov 21, 2025
    Days on Market:
    181
    Last Refresh:
    Apr 5 at 10:35 pm

    Property Features for 2099 Main Road

    General Information

    Standard status
    Active
    Size
    42,794 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    Jonathan Klear
    Jonathan Klear

    Listing agent Jonathan Klear License #0896145

    Listing office NAI Mertz - Corporate

    Listing date Nov 21, 2025

    Source Naiglobal

    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 NAI Mertz - Corporate

    HighLights

    • Large warehouse space: 40,794+\/- SF with ceiling heights ranging from 13‑4” to 20‑4”.
    • Convenient location: Less than 10 minute drive to Routes 55 & 322.
    • Multiple loading options: 3 automatic docks with levelers and 2 drive‑in doors.
    • Substantial power supply: Multiple 3‑phase electrical services (208/120 and 480/277).
    • Fully air conditioned warehouse and office spaces.
    • Recent construction: Built in 2004.

    Overview

    The property features a 42,794 square foot building situated on 7.36 acres. The warehouse area encompasses approximately 40,794 square feet with ceiling heights ranging from 13 feet 4 inches to 20 feet 4 inches, with certain sections having 10 to 12 foot ceilings. Loading is facilitated by eight 10-foot drive-in doors, three automatic docks with levelers (10 feet by 8 feet), and one 14-foot by 14-foot drive-in door. The main area has column spacing of 26 feet by 74 feet. The front building has 208/120 3 Phase 166KV electric service, while the rear building has 480/277 3 Phase 192KVA, 480/277 to 208/120 Dry Transformer. The building is fully air conditioned and equipped with LED lighting. Heating is provided by oil, with an above-ground tank. The property includes men’s and women’s restrooms in both the office and warehouse areas. Water is supplied by a well, and the property utilizes a septic system. The property is zoned RA - Residential Agricultural. It is located less than 10 minutes from Routes 55 and 322.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JMC Worldwide Industrial Manufacturer

    Suggested Use

    Big Box & Wholesale Store Storage Facility HVAC Service Electrical Service Electronics & Wireless Store Wine and Liquor Store Carpet & Flooring Store Cosmetic Store Pet Grooming Service

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

    Similar Places Nearby

    • RLS Logistics- Newfield — 2179 Main Rd, Newfield, NJ 08344

    Location Insight

    • Map
    • Local Demand
    City
    Newfield
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.0057
    Latitude
    39.5738

    Nearby Similar for Sale

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      3,178 SF

      Versatile Property with Equestrian Facilities

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      478-480 ROUTE 40, NEWFIELD, NJ 08344
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    • $450,000

      Warehouse/Office Space on 4+ Acres

      Spacious warehouse/office space with retail potential on a 4+ acre parcel.
      461 THREE BRIDGE ROAD, NEWFIELD, NJ 08344
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    FAQs

    What type of property is this?
    Warehouse - 42,794 SF warehouse on 7.36 acres near Routes 55/322.
    Where is this warehouse located?
    The property is located at 2099 Main Road Newfield, NJ.
    What are key features of this property?
    This property features: Large warehouse space: 40,794+\/- SF with ceiling heights ranging from 13‑4” to 20‑4”.; Convenient location: Less than 10 minute drive to Routes 55 & 322.; Multiple loading options: **3 automatic docks with levelers** and 2 drive‑in doors.
    (856) 433-1801
    We can help!
    Listing Contact
    Jonathan Klear
    Jonathan Klear
    Real Estate License ID: 0896145
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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