Multi-Building Warehouse
For Sale
Contact for pricing
Pending
75 Mill St, Newton, NJ 07860
Industrial warehouse campus with multiple buildings, loading capacity, drive-in access, and ongoing capital improvements.
Property Size135,000 SF
Lot Size4.16 Acres
Days on Market145
Property Features for 75 Mill St
General Information
Standard status
Pending
Size
135,000 SF
Lot size
4.16 Acres
Property subtype
Industrial
Warehouse & Industrial
Dock-High Doors
4
Drive-In Doors
2
Sprinkler System
Yes
Building Details
Year Renovated
2020
Buildings
4
Listing Agency:
NAI James E. Hanson - Parsippany
(973) 240-2116
Listed By:
Sig Schorr · License #7866217
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 12:08AM
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 James E. Hanson - Parsippany
Investment Insights
Based on property information with market context.
This warehouse complex at 75 Mill St comprises four buildings totaling 135,000 SF on 4.16 acres. The property includes 74,630 SF of vacant space, with the balance leased, along with four loading docks, two drive-in doors, and parking at a ratio of 2.5 spaces per 1,000 SF.
Capital work has addressed major building systems and site elements. Improvements include an 88,000 SF roof replacement with structural repairs in 2016, parking lot repaving in 2018, upgraded window surrounds, new steel steps and loading docks, wood-floor and substructure repairs, fire suppression upgrades, perimeter lighting, exterior and overhead door replacements, a new furnace in Building 3, and new second-floor lighting. Building 1 also has a rehabilitated freight elevator. A solar electric system was completed in 2020, with 12 years remaining on the associated SREC term.
Capital work has addressed major building systems and site elements. Improvements include an 88,000 SF roof replacement with structural repairs in 2016, parking lot repaving in 2018, upgraded window surrounds, new steel steps and loading docks, wood-floor and substructure repairs, fire suppression upgrades, perimeter lighting, exterior and overhead door replacements, a new furnace in Building 3, and new second-floor lighting. Building 1 also has a rehabilitated freight elevator. A solar electric system was completed in 2020, with 12 years remaining on the associated SREC term.
Key Highlights
- Four warehouse buildings totaling 135,000 SF
- 74,630 SF vacant; remaining space is leased
- 4.16‑acre site with four loading docks and two drive‑ins
Property Analytics
Property Profile
Current Use
Lease Details
4
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07860, NJ
25,704
Population
11,473
Households
2.2
Avg Household Size
46
Median Age
40%
College-Educated
95%
High-School Grad
100.2 sq mi
ZIP Area
257
Density / Sq Mi
$104,113
Median Household Income
$53,509
Median Earnings
$1,437
Median Rent
$336,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- B & G Elevator Inc — 75 Mill St # B, Newton, NJ 07860
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse campus with multiple buildings, loading capacity, drive-in access, and ongoing capital improvements.
Where is this warehouse located?
The property is located at 75 Mill St Newton, NJ.
What are key features of this property?
This property features: Four warehouse buildings totaling 135,000 SF; 74,630 SF vacant; remaining space is leased; 4.16‑acre site with four loading docks and two drive‑ins
