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    343 Murray Hill Pkwy East Rutherford, NJ 07073

    Sponsored
    For Lease
    Contact for pricing

    53,665 SF Flex Space, 3.5 Acres

    Lot size:
    53,665 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 53,665-square-foot flex space in East Rutherford, New Jersey, presents a unique opportunity for businesses seeking a versatile industrial facility. Situated on a generous 3.5-acre lot in Bergen County, this single-tenant building offers ample space for various operational needs. The property boasts 8,000 square feet of dedicated office space, complemented by a substantial warehouse area with impressive ceiling heights ranging from 17 to 21 feet. Loading and unloading are facilitated by eight tailgates, six external docks, two internal docks, and three drive-in doors. Extensive parking is available, encompassing a 1.3-acre trailer parking area and 40 car parking spaces. The building is equipped with a robust power supply of 800 amps at 480 volts and a comprehensive wet sprinkler system covering the entire 53,665 square feet. The property's location in East Rutherford, with its convenient access to major transportation routes, adds to its appeal. This turnkey facility is ready for immediate occupancy. Lease rate information is available upon inquiry. The property is located at 343 Murray Hill Pkwy, East Rutherford, NJ 07073.

    Property Features for 343 Murray Hill Pkwy

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,665 SF

    Unit(s) available at that property

    Space
    Size
    53,665 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Beavex-New Jersey Logistics Service Axis Global Logistics Logistics Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    East Rutherford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0921657
    Latitude
    40.8205314

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    FAQs

    What type of property is this?
    Flex space - 53,665 SF Flex Space, 3.5 Acres
    Where is this flex space located?
    The property is located at 343 Murray Hill Pkwy East Rutherford, NJ.
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    343 Murray Hill Pkwy East Rutherford, NJ 07073
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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
    343 Murray Hill Pkwy East Rutherford, NJ 07073
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