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    1525 Washington Ave Piscataway, NJ 08854-3815
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    Property profile & analytics

    1525 Washington Ave, Piscataway, NJ 08854-3815

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    • Industrial properties
    • 27,878 SF
    • 3.28 lot acres
    Off-Market
    Last Sale Jun 17, 2021
    $4,300,000
    Property ID
    US59-2760050
    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.

    Value Estimations
    $4,840,000
    Show details
    Cap Rate Potential
    5.7%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Jaz express / Warehouse & Storage

    Property Details for 1525 Washington Ave

    Year built
    1982
    Lot size
    3.28 lot acres
    Zone code
    LI5
    Property type
    Industrial properties
    APN
    17 05301-0000-00015- 01
    APU
    170530100000001501

    Description

    This exceptional industrial property, located at 1525 S Washington Ave in Piscataway, New Jersey, offers a substantial 28,405 square feet of warehouse space situated on a generous 3.3-acre lot. The property is zoned LI5 within Middlesex County and features a desirable multi-tenant occupancy. The building boasts a significant 22-foot ceiling height, providing ample vertical space for storage and operations. Five loading docks ensure efficient loading and unloading of goods, streamlining logistical processes. The entire 28,405 square feet is currently vacant, presenting a unique opportunity for a single large tenant or multiple smaller businesses seeking flexible space. The expansive lot size offers significant potential for future expansion or outdoor storage. This prime location in Piscataway, NJ, offers easy access to major transportation routes, making it an attractive option for businesses requiring convenient distribution networks. The property's size, features, and location combine to create a compelling investment opportunity within a thriving industrial market. This is a rare chance to secure a substantial warehouse space in a highly sought-after area. Contact us today to learn more about this exceptional property and explore the possibilities it offers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,530,000
      ML approach
      $5,245,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,215,000
      6.5%
      $4,815,000
      7%
      $4,470,000
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $6,305,000
      Current use
      OFFICE BUILDING
      $7,625,000
      Change: +21% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $6,870,000
      Change: +9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $6,250,000
      Change: -1% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Piscataway
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4458
    Latitude
    40.5591
    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
    $95,718
    $2,205,900
    $2,094,100
    $4,300,000
    -
    $2,205,900
    $2,094,100
    $4,300,000
    More about this property
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