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    35 Rose Morrow Rd Wantage Twp, NJ 07461

    For Sale
    $2,900,000

    Large warehouse on 20+ acres with favorable cap rate.

    Property size:
    50,339 SF
    Lot size:
    20.11 Acres

    Property Features for 35 Rose Morrow Rd

    General Information

    Size
    50,339 SF
    Lot size
    20.11 Acres

    Building Details

    Year built
    9999

    Source: KRUMPFER REALTY GROUP Agent JOSEPH KRUMPFER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Warehouse on Large Lot

    This is a rare opportunity to purchase a very large warehouse on over 20 acres. The building features over 50,000 square feet of space, all connected internally, including over 45,000 square feet on the ground floor and over 4,000 square feet on the mezzanine level. The main warehouse is located in the rear of the building. Over 35,000 square feet is open warehouse space with ceilings up to 23 feet, plus over 10,000 square feet of storage, office, kitchen, and restroom space. Loading docks include both flush and drive-in options. Past uses include manufacturing, packaging/repackaging, warehousing, and distribution of equipment, products, food, and distillery. The current tenant has a lease into 2029 with 3.0% annual increases. The property is located within Sussex County, New Jersey, and is surrounded by residential and agricultural areas. Zoning permitted uses are vast.
    Location Intelligence

    Current Use by Public Records

    Steven Willand Inc. Warehouse

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Accounting Firm Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Wantage Twp
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.5805114
    Latitude
    41.253239

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    FAQs

    What type of property is this?
    Warehouse - Large warehouse on 20+ acres with favorable cap rate.
    Where is this warehouse located?
    The property is located at 35 Rose Morrow Rd Wantage Twp, NJ.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Favorable Cap Rate: Presents an attractive investment opportunity.; - Large Warehouse Space: Over 50,000 sq ft of interconnected space, including 35,000+ sq ft of open warehouse with high ceilings (up to 23').; - Extensive Acreage: Situated on 20+ acres within Sussex County, NJ.
    (973) 293-0085
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    35 Rose Morrow Rd Wantage Twp, NJ 07461
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    Realmo Value Estimation

    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.

    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.

    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
    35 Rose Morrow Rd Wantage Twp, NJ 07461
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