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Property profile & analytics
OFF-MARKET
Industrial properties

60 Spruce St North Haledon, NJ 07508

230,000 SF 4.78 ac lot Built 1840
Property ID
Property summary
AI-generated overview

This exceptional auction opportunity presents a substantial 230,000+/- square foot manufacturing property situated on a 4.78+/- acre lot in the Great Falls Historic District of North Haledon, New Jersey. Located at 60 Spruce St, 07508, this vacant industrial complex boasts a rich history, dating back to the mid-1840s, and features multiple mill-style buildings. Originally constructed for the American Hemp Company, the property, known as The Art Factory, retains its original charm with high ceilings, large antique windows, and original brick walls. Its unique character has made it a sought-after filming location for major motion pictures, including "The Irishman" and "West Side Story." The permitted GFHD zoning allows for a diverse range of commercial uses, including event halls, expos, weddings, corporate events, individual professional suites, film studios, music studios, light industrial spaces, and contractor warehouses. The property's prime location adjacent to the Great Falls National Historic Park and Interstate 80 provides convenient access to Newark Liberty International Airport and the George Washington Bridge. Public utilities are available. This is a rare chance to acquire a significant piece of New Jersey history with immense redevelopment potential. The property is being sold via auction, with a new date to be announced soon. A Property Information Package is available for download on our website.

Property profile
Verified
Property type Industrial properties
Year built 1840
Total area 230,000 SF
Lot 4.78 ac (208,217 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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