827 Ridgewood AveNorth Brunswick Township, NJ 08902

  • Other commercial real estate
  • 26,516 SF
For Lease
$14.50/SF/YR View listing

Property Details for 827 Ridgewood Ave

Year built
1965
Lot size
1.64 AC
Property size (Sq ft)
26,516 SF
Zone code
I1
Property type
Other commercial real estate
APN
14 00168- 02-00080
APU
14001680200080

Description

This exceptional North Brunswick Township, NJ industrial property at 827-832 Ridgewood Ave offers a diverse portfolio of flex, warehouse, and distribution spaces. The property comprises five buildings totaling 27,679 square feet, currently featuring multiple tenancies. A significant portion, 24,401 square feet, is currently vacant and ready for immediate occupancy. The buildings boast a Class C rating, were originally constructed in 1965 and underwent renovations in 2005. Ceiling heights reach 22 feet, providing ample vertical space for various uses. Loading dock access is available, with a total of one loading dock across the available suites. The property includes a total of eight parking spaces. Two immediately available suites are highlighted: Suite 4A-B, a 14,461 square foot space with 4,600 square feet of office space and one loading dock, and Suite 5C, a 9,940 square foot space including 1,000 square feet of office space and one loading dock. Both suites feature 22-foot ceiling heights. The property is zoned for retail and flex space, offering considerable flexibility for potential tenants. Suite 4A-B will be available March 1, 2025. This property presents a unique opportunity to acquire prime industrial space in a desirable New Jersey location. The property's location in North Brunswick Township (zip code 08902) provides easy access to major transportation routes.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,017,864
    Hospitality
    $4,596,336
    Educational
    $3,824,098
    Medical
    $3,955,615
    Retail
    $5,948,597
827 Ridgewood Ave, North Brunswick Township, New Jersey
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Location Insight

City
North Brunswick
County
Middlesex
State
New Jersey
Latitude
40.4635
Longitude
-74.4673
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
2023
$50,448
$246,000
$564,800
$810,800
-
$246,000
$564,800
$810,800

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