Sign Up Successful!
You now have access to more from Realmo!
    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

    245 Paterson Plank Rd Carlstadt, NJ 07072

    Sponsored
    For Lease
    Contact for pricing

    4.9-acre industrial land, 47,500 SF building.

    Lot size:
    47,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    407
    This exceptional 4.9-acre industrial property in Carlstadt, New Jersey, presents a unique opportunity. The site boasts a 47,500 square foot building, entirely vacant and ready for immediate occupancy. The building features a substantial 3,600 square foot office area, including 2,500 square feet of mezzanine office space, a 1,000 square foot entryway, break room, and bathrooms. High ceilings reach 40 feet, and the building depth is 200 feet. Logistics are streamlined with fourteen loading docks (one per approximately 3,215 square feet), one grade-level door, 28 trailer parking spots, and 37 car parking spaces. The property benefits from a robust 800 AMP power supply and a recently completed roof (February 2024). Its prime Meadowlands location offers unparalleled highway access, with direct exits to Route 3 and I-95 within half a mile, and convenient proximity to Route 17, Route 46, and I-80. The property is also minutes from various hotels, restaurants, retail establishments, and entertainment options, and is near public transportation. This is an ideal location for businesses seeking efficient operations and convenient access to major transportation arteries. The property is located in Bergen County, New Jersey, with a zip code of 07072, at 245 Paterson Plank Road.

    Property Features for 245 Paterson Plank Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,500 SF

    Unit(s) available at that property

    Space
    Size
    174,240 SF

    We can help!

    Listing Contact
    William Ericksen
    William Ericksen

    Learn more

    Property Insight Report

    HighLights

    • 4.9‑acre industrial property in Carlstadt, NJ.
    • 47,500 SF vacant building ready for immediate occupancy.
    • 3,600 SF office space (including 2,500 SF mezzanine).
    • 40' high ceilings, 200' building depth, 14 loading docks, 1 grade‑level door, 28 trailer & 37 car parking spaces.
    • 800 AMP power, new roof (Feb 2024), prime Meadowlands location with easy access to major highways (Routes 3, 17, 46, I‑95, I‑80).
    • Located at 245 Paterson Plank Road, Carlstadt, NJ 07072.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlstadt
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0638389
    Latitude
    40.8154231

    Nearby Similar for Lease

    • Contact for pricing
      60,400 SF

      Carlstadt Warehouse Space Available

      60,400 SF warehouse space for lease in Carlstadt.
      190 Jony Dr, Carlstadt, NJ 07072
      View Details
    • $3,550 /Mo

      Spacious Apartment Near NYC Transport

      Comfortable 3-bedroom apartment with NYC views and convenient commute.
      724 6Th St, Carlstadt, NJ 07072
      View Details
    • $3,500 /Mo

      Renovated Rental in Colonia Location

      Fully renovated rental with modern amenities and convenient location.
      508 2Nd St, Carlstadt, NJ 07072
      View Details
    • $2,900 /Mo

      Spacious Carlstadt Apartment with Deck

      Bright 3-bedroom apartment with modern kitchen and city views.
      730 5Th St, Carlstadt, NJ 07072
      View Details
    • Contact for pricing
      14,417 SF

      Prime Carlstadt Retail Space

      Large Retail Space Available in NJ
      2 Ave A & B St, Carlstadt, NJ 07072
      View Details
    • Contact for pricing
      77,726 SF

      Carlstadt Commons Retail Space

      Prime Retail, Bergen County, NJ
      675 Paterson Ave, Carlstadt, NJ 07072
      View Details
    • Contact for pricing
      47,500 SF

      Carlstadt Warehouse Space Available

      47,500 SF warehouse with 40' ceilings and ample parking.
      551 Barell Ave, Carlstadt, NJ 07072
      View Details
    • Contact for pricing
      66,364 SF

      500 Industrial Road: Flex Space Available

      66,364 SF Flex Space in Bergen County
      500 Industrial Rd, Carlstadt, NJ 07072
      View Details
    • Contact for pricing
      5,090 SF

      Carlstadt Office Space: 5,090 SF

      Prime Bergen County office space, available April 2025.
      430-450 Commerce Blvd, Carlstadt, NJ 07072
      View Details
    • $19 SF/Yr
      11,735 SF

      Meadowlands Warehouse: For Lease

      Fully renovated, 11,735 SF warehouse.
      401 Meadow Ln, Carlstadt, NJ 07072
      View Details
    • Contact for pricing
      77,754 SF

      Carlstadt Commons Retail Space

      Grocery-anchored retail space in prime location.
      675 Paterson Ave, Carlstadt, NJ 07072
      View Details
    • Contact for pricing
      100,000 SF

      Planned Logistics Distribution Center

      100,000 sq ft distribution center in Carlstadt, NJ.
      333 Washington Ave, Carlstadt, NJ 07072
      View Details

    FAQs

    What type of property is this?
    Land - 4.9-acre industrial land, 47,500 SF building.
    Where is this land located?
    The property is located at 245 Paterson Plank Rd Carlstadt, NJ.
    What are key features of this property?
    This property features: 4.9-acre industrial property in Carlstadt, NJ.; 47,500 SF vacant building ready for immediate occupancy.; 3,600 SF office space (including 2,500 SF mezzanine).
    Request Owner's contact information
    245 Paterson Plank Rd Carlstadt, NJ 07072
    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.
    245 Paterson Plank Rd
    Carlstadt, NJ 07072
    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
    245 Paterson Plank Rd Carlstadt, NJ 07072
    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!
    Listing Contact
    William Ericksen
    William Ericksen
    Real Estate License ID: NJ 1974013
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.