Property profile

0 639 -645 Ave Garwood, NJ 07027

OFF-MARKET
Warehouses
10,597 SF 0.28 ac lot
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Property summary

AI-generated overview

This exceptional industrial property, located at 639-645 South Avenue in Garwood, New Jersey, presents a compelling investment opportunity. The warehouse boasts approximately 10,597 square feet of space, situated on a 0.28-acre lot (Block 302, Lot 2). The building features an impressive 18-foot ceiling height, providing ample vertical storage capacity. Three large drive-in doors ensure efficient loading and unloading operations. The property also includes a smaller office area, suitable for administrative functions. The warehouse is equipped with 3-phase power, catering to a variety of industrial uses. Currently vacant, this property offers immediate occupancy for a new tenant or owner-user. The 2022 property taxes were $22,275.06. Its strategic location in Union County, New Jersey, offers convenient access to major transportation routes and a robust workforce. This is an ideal opportunity for businesses seeking a well-maintained, functional warehouse space in a desirable location. The property's size, features, and location make it a highly attractive investment prospect. Serious inquiries are encouraged.

Property profile

Verified
Property type Warehouses
Total area 10,597 SF
Lot 0.28 ac (12,197 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

639 -645 Ave Garwood, NJ 07027
Garwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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