3150 Bordentown Ave Old Bridge, NJ 08857
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35,000 SF Warehouse, $10M
Property size:
35,000 SFProperty 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
Listing Agency: Marcus & Millichap New Jersey Listing Agent: Matthew De Villa Panganiban
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
Fi Companies
General Contractor
J H Monteath ...
Industrial Manufacturer
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.
