Listing Agency: Bussel Realty Corp

Listed By: Jordan Metz · License #NJ 0456565

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 10:45PM

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Investment Insights

Based on property information with market context.

This warehouse property is offered with a three-year leaseback, providing an established occupancy arrangement tied to the sale. The asset is located at 246 Pegasus Ave in Northvale, near the New Jersey–New York border and close to Route 9W and the Palisades Interstate Parkway.

Key Highlights

• Three‑year leaseback arrangement
• Located at 246 Pegasus Ave, Northvale, NJ 07647
• Near the New Jersey–New York border

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Auto Parts Store Hotel & Motel Parking Lot & Garage

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

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

762

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 07647, NJ

5,168

Population

1,777

Households

2.9

Avg Household Size

45

Median Age

53%

College-Educated

95%

High-School Grad

2.3 sq mi

ZIP Area

2,247

Density / Sq Mi

$118,614

Median Household Income

$65,389

Median Earnings

$1,853

Median Rent

$588,800

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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Similar Off Market Nearby

• Fortasa — 209 Industrial Pkwy, Northvale, NJ 07647
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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse property offering a three-year leaseback near major regional roadways.

Where is this warehouse located?

The property is located at 246 Pegasus Ave Northvale, NJ.

What are key features of this property?

This property features: Three‑year leaseback arrangement; Located at 246 Pegasus Ave, Northvale, NJ 07647; Near the New Jersey–New York border