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Property profile & analytics

327-347 1St St Elizabeth, NJ 07206

  • Industrial properties
  • 6.69 lot acres
Value Estimation
Last Sale
Oct 04, 2023
$30,500,000
Location Intelligence
Property ID
US59-1290630
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

  • Industrial properties

Property Details for 327-347 1St St

Lot size
6.69 lot acres
Property type
Industrial properties
APN
04 00825- 01-00032
APU
4008250100032

Description

This exceptional industrial warehouse property, located at 327-347 1st Street in Elizabeth, New Jersey (zip code 07206), offers a total of 247,446 square feet of space. The property is situated in Union County and provides unparalleled access to major transportation arteries, including Routes 1 & 9, Route 78, and the New Jersey Turnpike, making it strategically positioned for efficient logistics. The building is only 16 miles from New York City via the Holland Tunnel and less than 5 miles from the Ports of Newark & Elizabeth, the largest on the East Coast. This prime location benefits from a large and readily available workforce. The warehouse features multiple tenancy options, with spaces ranging from a minimum of 2,002 square feet to a maximum contiguous space of 66,163 square feet. Currently, 128,019 square feet is vacant. The building boasts impressive ceiling heights ranging from 10 to 16 feet, a 120-foot truck court, and is situated on a fully fenced, secured, and paved lot. Loading capabilities include 26 loading docks and one drive-in door. The building also includes freight elevators. A significant portion of the space (66,163 sq ft) is located on the ground floor, with an additional 59,854 sq ft in the basement accessible via an external drive-in, two interior floor cutouts, and two freight elevators. The property is undergoing a complete roof replacement. This warehouse is ideal for businesses seeking efficient operations and convenient access to major transportation hubs and a large labor pool.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Elizabeth
County
Union
State
New Jersey
Longitude
-74.177
Latitude
40.6527
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
$169,652
$401,400
$489,600
$891,000
-
$401,400
$489,600
$891,000
More about this property
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