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    3150 Bordentown Ave Old Bridge, NJ 08857

    Sponsored
    For Sale
    $10,000,000

    35,000 SF Warehouse, $10M

    Property size:
    35,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Old Bridge, New Jersey industrial property presents a compelling investment opportunity. The 35,000-square-foot warehouse, built in 1967, sits on a 5.1-acre lot and boasts a 100% occupancy rate, generating a pro-forma NOI of $1,099,992 and an 11% pro-forma cap rate. The single-story Class B building features 24'-30' ceiling heights, five dock-high doors, and approximately 7,000 square feet of office/showroom space. The property is zoned SD3 and benefits from ample parking and yard space. With its strategic location in the Old Bridge/Sayreville industrial submarket, this owner-user investment offers significant potential. The asking price is $10,000,000, translating to $285.71 per square foot and $1,960,784 per acre for the land. The property's features include a masonry construction, and a layout suitable for various manufacturing and warehouse operations. This is a rare opportunity to acquire a well-maintained, high-performing industrial asset in a prime location. The property's strong financial performance and desirable features make it an attractive investment for both owner-users and investors seeking a stable, high-return asset. The address is 3150 Bordentown Avenue, Old Bridge, NJ 08857.

    Property Features for 3150 Bordentown Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    35,000 SF
    Class
    B
    Lot Size
    222,156 SF

    Building Details

    Year Built
    1967
    Buildings
    1
    Stories
    1

    HighLights

    • 3.79 acres of improved outlots and parking.
    • Seven (7) work bays with lifts.
    • 24‑foot clear ceiling heights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fi Companies Contractor J H Monteath ... Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Old Bridge
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.314586481712
    Latitude
    40.446258684893

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    FAQs

    What type of property is this?
    Distribution property - 35,000 SF Warehouse, $10M
    Where is this distribution property located?
    The property is located at 3150 Bordentown Ave Old Bridge, NJ.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: 3.79 acres of improved outlots and parking.; Seven (7) work bays with lifts.; 24-foot clear ceiling heights.
    Request Owner's contact information
    3150 Bordentown Ave Old Bridge, NJ 08857
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    Old Bridge, NJ 08857
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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
    3150 Bordentown Ave Old Bridge, NJ 08857
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