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    185 Sumner Ave Kenilworth, NJ 07033

    For Lease
    $10 SF/Yr

    Flexible Spaces, Prime Location, NJ

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional commercial property in Kenilworth, New Jersey, offers a unique blend of office and warehouse space, ideal for a variety of businesses. Situated at 185 W Sumner Ave, 07033, in Union County, this two-story building presents two available spaces ranging from 10,000 to 20,000 square feet. The property's classification as Retail, Office, and Industrial highlights its versatility, catering to businesses requiring a combination of retail storefront, office administration, and warehouse storage. The multiple tenancy option allows for flexibility in lease terms and space configuration, making it suitable for both established companies and growing startups. The precise total square footage of the building is currently unavailable, but the substantial size of the available spaces indicates a significant overall footprint. This prime Kenilworth location offers excellent accessibility and visibility, providing a strategic advantage for businesses seeking a strong presence in the area. The property's adaptable nature and strategic location make it an attractive opportunity for businesses seeking a functional and well-situated space to thrive. Interested parties are encouraged to inquire for further details and lease options. This is a rare opportunity to secure a versatile commercial space in a desirable New Jersey location.

    Property Features for 185 Sumner Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF

    Unit(s) available at that property

    Space
    Second Floor
    Size
    10,000 SF
    Rate per SF
    $10
    Space
    Ground floor
    Size
    20,000 SF
    Rate per SF
    $18
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barzel Corporate Office Peermont Jewelry Jeweler Sweet & Soft Inc Warehouse

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenilworth
    County
    Union
    State
    New Jersey
    Longitude
    -74.2752507
    Latitude
    40.6707714

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    FAQs

    What type of property is this?
    Distribution property - Flexible Spaces, Prime Location, NJ
    Where is this distribution property located?
    The property is located at 185 Sumner Ave Kenilworth, NJ.
    What is the lease rate?
    The lease rate is $10-$18 SF/Yr.
    Request Owner's contact information
    185 Sumner Ave Kenilworth, NJ 07033
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    Kenilworth, NJ 07033
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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
    185 Sumner Ave Kenilworth, NJ 07033
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