Listing Agency: CBRE - East Brunswick

Listed By: Ben Shapiro · License #NJ

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 30 at 9:14PM

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Investment Insights

Based on property information with market context.

This industrial land parcel is positioned for redevelopment with a proposed 50,000-square-foot industrial warehouse building. The property is zoned to accommodate warehousing and industrial use.

Located at 500 Division St in Boonton, NJ 07005, the site offers a defined industrial land use profile for future development planning.

Key Highlights

• Proposed 50,000 sq. ft. industrial warehouse building
• Zoned for warehousing and industrial use
• Located at 500 Division St, Boonton, NJ 07005

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Spa & Massage Center Law Firm Hotel & Motel

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

757

Businesses Nearby

Explore this area Business Placement

Demographics for 07005, NJ

15,985

Population

6,115

Households

2.6

Avg Household Size

43

Median Age

56%

College-Educated

96%

High-School Grad

18.3 sq mi

ZIP Area

873

Density / Sq Mi

$126,411

Median Household Income

$66,198

Median Earnings

$1,779

Median Rent

$565,900

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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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial-zoned land suitable for a proposed warehouse development.

Where is this industrial land located?

The property is located at 500 Division St Boonton, NJ.

What are key features of this property?

This property features: Proposed 50,000 sq. ft. industrial warehouse building; Zoned for warehousing and industrial use; Located at 500 Division St, Boonton, NJ 07005