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Renovated Flex/Industrial Park Investment
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700 Grand Ave, Hackettstown, NJ 07840

Newly renovated 13-unit flex/industrial park in Hackettstown, New Jersey.

Property Size38,850 SF
Days on Market1179

Property Features for 700 Grand Ave

General Information

Standard status Active
Size 38,850 SF
Class A
Property subtype Industrial
Zoning Industrial
Lease Type NNN
Investment Type Stabilized

Building Details

Year Built 1900
Year Renovated 2023
Buildings 3
Units 13
Tenancy Multi
Listing Agency: Garden State Realty
Listed By: Derek Gee · License #NJ 1433552
Source: Crexi
Added: Jun 12, 2023 Changed: Aug 25 Last Checked: Aug 28 at 10:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Garden State Realty

Investment Insights

Based on property information with market context.

Located in Hackettstown, New Jersey, Lackawanna Plaza is a newly renovated flex/industrial park. This multi-tenant facility spans approximately 39,000 square feet and comprises 13 units, ranging in size from 1,350 square feet to 5,500 square feet. Eleven of the twelve units are first-floor industrial/flex spaces, each equipped with independent drive-in or tailgate loading. The remaining unit is a second-floor flex/office space of approximately 5,500 square feet, fully leased and accessible by elevator. All units feature new HVAC systems that service both office and warehouse areas, providing heating and air conditioning. The property also includes new roofs and energy-efficient insulated ceiling systems. Each unit has new office and restroom buildouts, along with a utility sink in the warehouse area. Electrical service upgrades include new breaker panels, wiring, and either 200 Amps @ 240V (buildings 1&2) or 200 Amps @ 208V (building 3), all separately metered for each tenant. Substantial upgrades have been completed for water, sewer, and gas utilities, which are also separately metered. A newly installed parking lot offers 71 spaces. The site features a new brick façade, new sod lawn, landscaping, pedestrian walkways, and covered entries.

Key Highlights

  • Newly renovated ±39,000 SF flex/industrial park in Hackettstown, New Jersey.
  • Multi‑tenant facility with 13 units ranging from 1,350 SF to 5,500 SF.
  • Eleven first‑floor industrial/flex units with drive‑in or tailgate loading.

Property Analytics

Current Use

Hoff's Automotive Inc Vehicle Inspection Center P-nuff Crunch Food Processing Plant French & Parrello Associates Engineering Consultant Hackettstown Flooring & Tile ... General Contractor Liquid Metalworks Production Facility

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Storage Facility Hair Salon Skin Care Clinic Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby
Balanced
Demand for This Use

Demographics for 07840, NJ

31,255
Population
12,974
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
37.3 sq mi
ZIP Area
838
Density / Sq Mi
$107,956
Median Household Income
$54,886
Median Earnings
$1,469
Median Rent
$373,000
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Similar Off Market Nearby

  • Aramark 400 Jefferson St, Hackettstown, NJ 07840
  • Perry's Catering 100 Warren St, Hackettstown, NJ 07840
  • Stella G's 186 Main St, Hackettstown, NJ 07840

Frequently Asked Questions

What type of property is this?
Flex space - Newly renovated 13-unit flex/industrial park in Hackettstown, New Jersey.
Where is this flex space located?
The property is located at 700 Grand Ave Hackettstown, NJ.
What are key features of this property?
This property features: Newly renovated ±39,000 SF flex/industrial park in Hackettstown, New Jersey.; Multi‑tenant facility with 13 units ranging from 1,350 SF to 5,500 SF.; Eleven first‑floor industrial/flex units with drive‑in or tailgate loading.
(973) 846-0300 Call to check price and availability
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