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    109 Ethel Ave Hawthorne, NJ 07506

    Sponsored
    For Sale
    $1,700,000

    15,000 SF Warehouse, 9% Cap Rate

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,000-square-foot industrial property, located at 109 Ethel Ave in Hawthorne, New Jersey (zip code 07506), presents a compelling investment opportunity. The building, constructed in 1988 and zoned for industrial use, offers a blend of manufacturing and warehouse space, ideal for owner-occupiers. The asking price is $1,700,000, representing a highly attractive $11 per square foot. The property boasts a strong net operating income (NOI) of $153,000, translating to a 9.00% capitalization rate. Features include a single tenancy, 12 parking spaces, and one loading dock. The ceiling height ranges from 12 to 20 feet, providing ample vertical space for various operational needs. This Class C building is privately owned and offers 15,000 square feet of net rentable space. Its location in Passaic County, New Jersey, provides convenient access to major transportation routes. This is a rare opportunity to acquire a well-located, income-producing industrial property with significant upside potential. The property is ready for immediate occupancy.

    Property Features for 109 Ethel Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    15,000 SF
    Class
    C

    Building Details

    Year Built
    1988

    HighLights

    • $1,700,000 asking price for this 15,000 SF industrial property.
    • Owner‑user opportunity in a Class C building.
    • Located at 109 Ethel Ave, Hawthorne, NJ 07506.
    • Features 12 parking spaces, one loading dock, and 12‑20' ceiling heights.
    • 9% cap rate with a $153,000 NOI.
    • 15,000 square feet of net rentable space, priced at $11/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hawthorne
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1524143
    Latitude
    40.9648048

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    FAQs

    What type of property is this?
    Distribution property - 15,000 SF Warehouse, 9% Cap Rate
    Where is this distribution property located?
    The property is located at 109 Ethel Ave Hawthorne, NJ.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price for this 15,000 SF industrial property.; Owner-user opportunity in a Class C building.; Located at 109 Ethel Ave, Hawthorne, NJ 07506.
    Request Owner's contact information
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    Hawthorne, NJ 07506
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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
    109 Ethel Ave Hawthorne, NJ 07506
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