Add Listing
    For Sale
    • 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

    999 Willow Grove St Hackettstown, NJ 07840

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing
    Property size:
    50,000 SF

    Property Features for 999 Willow Grove St

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    50,000 SF
    Class
    A
    Lot Size
    412,513 SF

    We can help!

    Listing Contact
    Derek Gee
    Derek Gee

    Listing Agency: Garden State Realty Listing Agent: Derek Gee

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

    Learn more

    Property Insight Report
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Franco Furniture Repair ... Renovation Specialist Abilities of Northwest Jersey ... Charitable Organization Roff Roofing & Renovations ... Roofing Company Hackettstown Garage Door ... Building Supply RTN Applicator Company ... Industrial Manufacturer

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Nail Salon Hotel & Motel Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hackettstown
    County
    Warren
    State
    New Jersey
    Longitude
    -74.810313904744
    Latitude
    40.871689142737

    Nearby Similar for Sale

    • New
      $475,000
      2,182 SF

      Versatile Commercial Building, High Visibility

      Freestanding commercial building suitable for various businesses.
      445 Us Highway 46, Hackettstown, NJ 07840
      View Details
    • $1,500,000
      14,000 SF

      Hackettstown Commercial Property on Main

      High-visibility corner lot suitable for mixed-use redevelopment or lease.
      236 Main St, Hackettstown, NJ 07840
      View Details
    • $995,000
      5,700 SF

      Mixed-Use Investment in Downtown Hackettstown

      Fully leased mixed-use building with retail and residential units.
      141 Main St, Hackettstown, NJ 07840
      View Details
    • Contact for pricing
      2,422 SF

      Riverfront Retail Building on Route 46

      2,422 SF retail building on 2.45 acres.
      2 S 46, Hackettstown, NJ 07840
      View Details
    • $435,000

      Washington Twp. Specialty Property For Sale

      Specialty property in Washington Twp. available for purchase.
      97 Drakestown Rd, Hackettstown, NJ 07840
      View Details
    • New
      $450,000

      Ranch Home in Mansfield Township

      Well-maintained 3-bedroom ranch with finished basement and private backyard.
      108 E Hillside Ter, Hackettstown, NJ 07840
      View Details
    • $995,000

      Main Street Specialty Property

      Specialty property available for sale on Main Street.
      141-143 Main St, Hackettstown, NJ 07840
      View Details
    • $555,000

      Hackettstown Multifamily Property for Sale

      Multifamily property in Hackettstown, NJ, available for purchase.
      313 Grand Ave, Hackettstown, NJ 07840
      View Details
    • $285,000

      Hackettstown Specialty Property for Sale

      Specialty property available for purchase in Hackettstown, New Jersey.
      25 Osprey, Hackettstown, NJ 07840
      View Details
    • $965,000
      3,447 SF

      Hackettstown Restaurant - Turnkey Opportunity

      Established Restaurant, 3,447 SF, Broad C License
      86 Us Highway 46, Hackettstown, NJ 07840
      View Details
    • $90,000
      8,000 SF

      Hackettstown Office Space - 8,000 SF

      Prime Hackettstown office, highway-accessible, immediate occupancy.
      488 Schooleys Mountain Rd, Hackettstown, NJ 07840
      View Details
    • Contact for pricing
      39,000 SF

      Hackettstown Industrial Portfolio

      12-Unit Flex Space, Fully Renovated
      700 Grand Ave, Hackettstown, NJ 07840
      View Details

    FAQs

    Where is this refrigerated / cold storage located?
    The property is located at 999 Willow Grove St Hackettstown, NJ.
    What are key features of this property?
    This property features: New construction, ±50,000 SF industrial building.; ±1.5-acre paved area (expandable to ±1 acre) for parking and outside storage.; Delivery anticipated Q2 2025; available for sale or lease.
    (973) 846-0300 Call to check price and availability
    Request Owner's contact information
    999 Willow Grove St Hackettstown, NJ 07840
    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.
    999 Willow Grove St
    Hackettstown, NJ 07840
    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
    999 Willow Grove St Hackettstown, NJ 07840
    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 Derek Gee
    Derek Gee
    Real Estate License ID: 1433552
    (973) 846-0300
    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!