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    285 Highland Cross Rutherford, NJ 07070

    • Industrial properties
    • 11,500 SF
    • 1.08 lot acres
    For Sale
    View listing
    $5,200,000
    Value Estimation
    Last Sale
    Sep 15, 2023
    $3,200,000
    Location Intelligence
    Property ID
    US59-2902946
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Meadowlands Tire LLC / Tire Shop

    Property Details for 285 Highland Cross

    Year built
    1920
    Construction
    CONCRETE BLOCKS
    Lot size
    1.08 lot acres
    Property size
    11,500 SF
    Property type
    Industrial properties
    APN
    56 00223-0000-00006- 04-HM
    APU
    560022300000000604HM

    Description

    This 12,050-square-foot Class B warehouse in Rutherford, NJ, is situated on a 1.08-acre lot. Built in 1992 and renovated in 2022, the single-story building features a 13-foot ceiling height, one loading dock, one dock-high door, and five drive-in doors. The property boasts ample parking (34,000 sq ft) and is fully vacant, offering immediate occupancy. The space is divisible, with options ranging from approximately 2,000 to 12,000 square feet, ideal for various industrial uses. Previously used as a truck leasing and fleet servicing center, the warehouse offers clean, column-free space. The property is privately fenced, ensuring security and exclusivity. Light power is currently available. This exceptional location in Rutherford, NJ (zip code 07070) provides easy access to major transportation routes. The property is comprised of three suites within a single building.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,215,000
      6.5%
      $2,905,000
      7%
      $2,995,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,235,000
      Geo Method
      $3,495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,130,000
      Retail
      $3,715,000
      Mixed-Use
      $2,680,000
      Hospitality
      $3,570,000
      Educational
      $3,635,000
      Residential Income
      $2,695,000
      Energy
      $3,120,000
      Income-Based Land
      $3,330,000
      Food Service
      $3,665,000

    Location Insight

    • Map
    • Local Demand
    City
    Rutherford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0975
    Latitude
    40.8199
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $24,494
    $540,000
    $285,000
    $825,000
    -
    $540,000
    $285,000
    $825,000

    Comparable in this City

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    • Value Estimation
      $2,855,000
      1.15 Acres

      360 Veterans Blvd

      INDUSTRIAL (GENERAL) • 1.15 Acres
      360 Veterans Blvd, Rutherford, NJ 07070
      View Details
    • Value Estimation by Request
      20,420 SF

      225 Highland Cross

      INDUSTRIAL (GENERAL) • 20,420 SF
      225 Highland Cross, Rutherford, NJ 07070-2595
      View Details

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    285 Highland Cross
    Rutherford, NJ 07070
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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
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