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    185 Sumner Ave Kenilworth, NJ 07033

    Sponsored
    For Sale
    Contact for pricing

    30,000 SF Warehouse, Owner/User

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located in Kenilworth, New Jersey, presents a unique owner-user opportunity. The warehouse, built in 1970, boasts a total of 30,000 square feet of net rentable space, spread across two stories within a single building. The building features a 14-foot ceiling height, providing ample vertical space for storage or operations. Convenient loading and unloading is facilitated by two loading docks and one dock-high door. Situated on a one-acre lot, the property is zoned HI, offering flexibility for various industrial uses. The masonry construction ensures durability and longevity. The first floor encompasses 20,000 square feet. A wet sprinkler system is in place for enhanced fire safety. The property's strategic location offers easy access to transportation, with the Roselle Park commuter rail (Raritan line) just 0.7 miles away and the Cranford Raritan line 2.9 miles distant. Annual property taxes are $1.85 per square foot. This is an ideal opportunity for businesses seeking a well-maintained, functional warehouse in a prime location.

    Property Features for 185 Sumner Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    30,000 SF
    Class
    B
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1970
    Buildings
    1
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Barzel Corporate Office Peermont Jewelry Jeweler Sweet & Soft Inc Warehouse

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenilworth
    County
    Union
    State
    New Jersey
    Longitude
    -74.27492282
    Latitude
    40.67085082

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    FAQs

    What type of property is this?
    Distribution property - 30,000 SF Warehouse, Owner/User
    Where is this distribution property located?
    The property is located at 185 Sumner Ave Kenilworth, NJ.
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    Kenilworth, NJ 07033
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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
    185 Sumner Ave Kenilworth, NJ 07033
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