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Industrial Facility for Manufacturing/Warehousing
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Pending

35 4th Ave, Hawthorne, NJ 07506

12,500 SF industrial facility zoned for manufacturing and warehousing.

Property Size12,500 SF
Days on Market230

Property Features for 35 4th Ave

General Information

Standard status Pending
Size 12,500 SF
Class C
Property subtype Industrial
Zoning I-1
Investment Type Owner/User

Building Details

Year Built 1925
Listing Agency: RE/MAX SELECT
Listed By: Patrick Varelas · License #NJ 1540486
Source: Crexi
Added: Feb 19 Changed: Oct 3 Last Checked: Oct 5 at 3:42PM

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 RE/MAX SELECT

Investment Insights

Based on property information with market context.

This is a 12,500 square foot industrial facility zoned for manufacturing and warehousing. The building features high ceilings, multiple open loft-style areas, and flexible space suitable for assembly, production, storage, and distribution. It includes ample office space and three loading areas. The property is situated on an oversized parcel, providing adaptability for a range of industrial or commercial uses. The location provides access to Route 208.

Key Highlights

  • 12,500 sq ft industrial facility zoned for manufacturing and warehousing.
  • Oversized parcel providing adaptability for various industrial/commercial uses.
  • Convenient location minutes from Route 208, providing excellent regional access.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$170,368
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,407,360 $3.4M
Cap Rate 7%
$2,433,829 $2.4M
Cap Rate 9%
$1,892,978 $1.9M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$213.0K $17.04/SF
− Vacancy
−$12.6K −$1.01/SF
EGI
$200.4K $16.03/SF
− OpEx
−$30.1K −$2.41/SF
NOI
$170.4K $13.63/SF
Area
Passaic County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,407,360
Cap Rate 7%
$2,433,829
Cap Rate 9%
$1,892,978

Alternative Uses

Best Use
Warehouse
$2.43M
$2.13M – $2.84M (±1% cap)
NOI $170,368 @ 7.0% cap · market cap 5.50%
Second Best
Flex RnD
$2.05M
$1.79M – $2.39M (±1% cap)
NOI $143,325 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$3.26M
$2.86M – $3.81M (±1% cap)
NOI $228,480 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Garden Center Daycare Center Pharmacy Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

1,375
Businesses Nearby

Demographics for 07506, NJ

19,637
Population
8,033
Households
2.4
Avg Household Size
42
Median Age
45%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
5,951
Density / Sq Mi
$118,093
Median Household Income
$62,495
Median Earnings
$1,828
Median Rent
$499,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - 12,500 SF industrial facility zoned for manufacturing and warehousing.
Where is this manufacturing property located?
The property is located at 35 4th Ave Hawthorne, NJ.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 12,500 sq ft industrial facility zoned for manufacturing and warehousing.; Oversized parcel providing adaptability for various industrial/commercial uses.; Convenient location minutes from Route 208, providing excellent regional access.
(201) 400-5344 Call to check price and availability
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