Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1340 Front St Plainfield, NJ 07063

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    20,000 SF Manufacturing/Warehouse

    Lot size:
    20,000 SF

    Property Features for 1340 Front St

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Building Details

    Stories
    1

    Spaces For Lease

    at 1340 Front St, Plainfield, NJ 07063 Contact us

    We can help!

    Listing Contact
    Jonathan Glick
    Jonathan Glick

    Listing Agency: Sheldon Gross Realty Inc Listing Agent: Jonathan Glick

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

    Learn more

    Overview

    This exceptional 20,000-square-foot industrial building is available for lease in Plainfield, New Jersey. Situated on 1.1 acres of land at 1340 W Front St, 07063, this single-tenant property offers ample space for manufacturing and/or warehousing operations. The building is a one-story structure with a floor area ratio (FAR) of 20,000. The entire 20,000 square feet is currently vacant and ready for immediate occupancy. Its strategic location within Plainfield's Urban Enterprise Zone (UEZ) presents significant financial advantages. Qualified businesses operating within the UEZ are eligible for substantial tax benefits, including a 50% reduction on certain retail sales and a 100% reduction on purchases made by the business itself. Furthermore, the UEZ offers workforce training assistance, streamlining the process of building a skilled workforce. Plainfield also boasts an active economic development program, fostering a supportive environment for businesses. The property's proximity to a readily available labor pool, both skilled and unskilled, further enhances its appeal. The previous occupant was an architectural woodworking business. This presents a unique opportunity for a similar business or a company seeking a well-located, spacious industrial facility with significant cost-saving incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Jersey Hardwoods ... Industrial Manufacturer

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4478456
    Latitude
    40.6020568

    Nearby Similar for Lease

    • $1,269 /Mo
      34,848 SF

      Modern Salon and Office Suites

      State-of-the-art salon and office suites with flexible lease options.
      116 Us Highway 22, Plainfield, NJ 07060
      View Details
    • $1,400 /Mo
      34,848 SF

      Modern Salon and Office Suites

      State-of-the-art salon and office suites with flexible lease options.
      116 Us Highway 22, Plainfield, NJ 07060
      View Details
    • $3,600 /Mo

      Prime Retail/Commercial Space Available

      Highly visible 1,700 SF storefront for lease in Plainfield City.
      1369 South Ave, Plainfield, NJ 07062
      View Details
    • $3,500 /Mo

      Plainfield City Warehouse with Parking

      Warehouse/garage with parking for trucks in Plainfield City, NJ.
      515 Madison Ave, Plainfield, NJ 07060
      View Details
    • $1,000 /Mo
      41,382 SF

      Plainfield City Warehouse/Storage Facility

      Commercial building for warehouse/storage, approximately 1400 square feet.
      500-510 Arlington Ave, Plainfield, NJ 07060
      View Details
    • $2,200 /Mo

      Updated Apartment in East Plainfield

      Recently updated 2-bedroom apartment with den for rent.
      510 E 7Th St, Plainfield, NJ 07060
      View Details
    • $1,950 /Mo

      Modern Office Space For Rent

      Updated first-floor office with open space and private offices.
      1100 Rte 22E, Plainfield, NJ 07060
      View Details
    • $2,200 /Mo

      Plainfield Multifamily Property for Rent

      Multifamily property available for rent in Plainfield, New Jersey.
      510 E 7Th St, Plainfield, NJ 07060
      View Details
    • Contact for pricing
      2,443 SF

      Retail Space in Business District

      2,443 SF retail space available in a mixed-use development.
      215 W Front St, Plainfield, NJ 07060
      View Details
    • Contact for pricing

      Warren Township Office Space Available

      Office units available for rent in Warren Corporate Center Drive.
      300 Warren Corporate Ctr Dr, Plainfield, NJ 07060
      View Details
    • Contact for pricing
      3,675 SF

      Prime Plainfield Retail Space

      Drive-Thru Retail, 3,675 SF Available
      1301 Front St, Plainfield, NJ 07063
      View Details
    • Contact for pricing
      25,000 SF

      Park Madison Retail Center Investment

      Prime Plainfield Retail Space Available
      211-215 Front St, Plainfield, NJ 07060
      View Details

    FAQs

    What type of property is this?
    Distribution center - 20,000 SF Manufacturing/Warehouse
    Where is this distribution center located?
    The property is located at 1340 Front St Plainfield, NJ.
    What are key features of this property?
    This property features: State-of-the-art manufacturing facility.; High-amp power service.; Building-wide power distribution.
    Request Owner's contact information
    1340 Front St Plainfield, NJ 07063
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1340 Front St
    Plainfield, NJ 07063
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1340 Front St Plainfield, NJ 07063
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jonathan Glick
    Jonathan Glick
    Real Estate License ID: 8636982
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!