Milltown Warehouse and Industrial
Ford Ave Milltown, NJ
For Sale
Contact for pricing
174,001 SF warehouse and industrial property in Milltown, NJ.
Property Size174,001 SF
Lot Size7.04 Acres
Price / SF$172.41
Days on Market350
Property Features for Ford Ave
General Information
Standard status
Active
Size
174,001 SF
Lot size
7.04 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at Ford Ave Contact us
Listing Agency:
Zimmel Associates
(732) 661-9200
Listed By:
David Zimmel · License #7933396
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:36AM
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 Zimmel Associates
Investment Insights
Based on property information with market context.
This property is a 174,001 square foot warehouse and industrial property located in Milltown, New Jersey. It is suitable for warehouse and industrial use.
Key Highlights
- 174,001 SF warehouse and industrial property
- Located in Milltown, NJ
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.96M | $17.04 |
| − Vacancy | −$174.9k | −$1.01 |
| EGI | $2.79M | $16.03 |
| − OpEx | −$418.5k | −$2.41 |
| NOI | $2.37M | $13.63 |
174,001 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$33.88M
$29.64M – $39.53M
NOI $2,371,537 @ 7.0% cap · market cap 7.91%
Second Best
Industrial
$27.90M
$24.41M – $32.55M
NOI $1,953,030 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$45.44M
$39.76M – $53.01M
NOI $3,180,460 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - 174,001 SF warehouse and industrial property in Milltown, NJ.
Where is this warehouse located?
The property is located at Ford Ave Milltown, NJ.
What is the asking price?
The asking price for this property is $30,000,000.
What are key features of this property?
This property features: 174,001 SF warehouse and industrial property; Located in Milltown, NJ
