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    1340 Front St Plainfield, NJ 07063

    For Lease
    Contact for pricing

    20,000 SF Manufacturing/Warehouse

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    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 Features for 1340 Front St

    General Information

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

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    20,000 SF

    HighLights

    • State‑of‑the‑art manufacturing facility.
    • High‑amp power service.
    • Building‑wide power distribution.
    • Fully permitted paint booth.
    • Truck‑level loading docks.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Jersey Hardwoods ... Manufacturer

    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
    Plainfield
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4478456
    Latitude
    40.6020568

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    FAQs

    What type of property is this?
    Distribution property - 20,000 SF Manufacturing/Warehouse
    Where is this distribution property 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
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    Plainfield, NJ 07063
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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
    1340 Front St Plainfield, NJ 07063
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