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240 Cir N Dr Piscataway, NJ 08854-3705
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Property profile & analytics

240 Cir N Dr Piscataway, NJ 08854-3705


  • Industrial properties
  • 69,998 SF
  • 4.98 lot acres
Off-Market
Last Sale Aug 19, 2021
Property ID
US59-1487182
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
$7,795,000
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • YC Cable/ Grandmax / Industrial Manufacturer / Production Facility
  • PeeWee Molding corporation / Factory / Production Facility
  • Meyer / Moving Company / Storage Facility
  • CableGal.net / Factory / Production Facility

Property Details for 240 Cir N Dr

Year built
1983
Lot size
4.98 lot acres
Property size
69,998 SF
Zone code
LI5
Property type
Industrial properties
APN
17 04301-0000-00008- 02
APU
170430100000000802

Description

This exceptional 75,000-square-foot Class B warehouse, built in 1983, offers multiple tenancy options in the desirable Piscataway submarket. Currently, 29,500 square feet of vacant space is immediately available for occupancy in October 2023. Units range from a minimum of 24,500 square feet to a maximum contiguous space of 33,500 square feet. The property boasts impressive features including 17-foot ceilings, providing ample vertical storage capacity. Loading and unloading are facilitated by two dock-high doors and one drive-in door. The building is equipped with heavy power, catering to businesses with significant energy demands. While there are no elevators, the expansive layout and convenient access points ensure efficient operations. The property is zoned LI-5 and situated within Middlesex County. Ample parking is available, accommodating 100-200 vehicles. Adding to its appeal, 1,000 to 6,000 square feet of adjacent office space is also available, providing flexibility for various business needs. This former corporate headquarters benefits from its location in an established industrial park setting, reflecting a low 2% vacancy rate in the immediate area. This presents a rare opportunity to secure prime warehouse space in a thriving market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Piscataway
County
Middlesex
State
New Jersey
Longitude
-74.4787
Latitude
40.56
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
$174,073
$3,735,000
$4,865,000
$8,600,000
-
$3,735,000
$4,865,000
$8,600,000
More about this property
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