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Property profile & analytics
OFF-MARKET
Industrial properties

245 Paterson Plank Rd Carlstadt, NJ 07072-2302

26,010 SF 4.9 ac lot
Individually Owned 2-yr Hold Free & Clear
Property ID
US59-1254988
Property summary
AI-generated overview

This exceptional 4.9-acre industrial property in Carlstadt, New Jersey, presents a unique opportunity. The site boasts a 47,500 square foot building, entirely vacant and ready for immediate occupancy. The building features a substantial 3,600 square foot office area, including 2,500 square feet of mezzanine office space, a 1,000 square foot entryway, break room, and bathrooms. High ceilings reach 40 feet, and the building depth is 200 feet. Logistics are streamlined with fourteen loading docks (one per approximately 3,215 square feet), one grade-level door, 28 trailer parking spots, and 37 car parking spaces. The property benefits from a robust 800 AMP power supply and a recently completed roof (February 2024). Its prime Meadowlands location offers unparalleled highway access, with direct exits to Route 3 and I-95 within half a mile, and convenient proximity to Route 17, Route 46, and I-80. The property is also minutes from various hotels, restaurants, retail establishments, and entertainment options, and is near public transportation. This is an ideal location for businesses seeking efficient operations and convenient access to major transportation arteries. The property is located in Bergen County, New Jersey, with a zip code of 07072, at 245 Paterson Plank Road.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction TYPE NOT SPECIFIED
Total area 26,010 SF
Lot 4.9 ac (213,444 SF)
APN 05 00128-0000-00008-0000-HM
UPID US59-1254988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Terreno Paterson Plank III Urban Re · 2 yrs held
Terreno Paterson Plank III Urban Re
since 2023
Last sale
$17.9M
4 recorded transactions
2023
Price N/A
2021
$17.9M
2015
$8.0M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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