30-38 Ml St Sussex, NJ 07461-2315
This exceptional 6,090 square foot warehouse presents a compelling investment opportunity in Sussex, NJ's thriving Central Business District. Strategically located near the newly built ShopRite, this property enjoys high visibility and convenient access to major roadways, ensuring strong potential for a variety of commercial uses. The warehouse boasts a recently installed, brand new roof, eliminating immediate capital expenditure needs for roof maintenance or replacement. The 0.32-acre lot provides ample space for loading, unloading, and potential future expansion. The property's zoning designation within the Central Business District opens doors to a wide range of commercial ventures, from storage and distribution to light manufacturing or retail operations. Its proximity to a major grocery store further enhances its appeal to businesses seeking high foot traffic and convenient access for employees and customers. This is a rare opportunity to acquire a well-maintained, strategically located warehouse in a rapidly growing area. The property's size, location, and recent improvements make it an ideal investment for discerning buyers seeking a strong return on their investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. The asking price is $899,000.
C-1 CENTRAL BUSINESS DISTRICT. § 19-9.1 Principal Buildings and Uses Permitted. [ Ord. 9/5/78 , S9.1; Ord. 85-13 ; amended 2-4-2025 by Ord. No. 2025-01 ] a. General business and professional offices. b. Retail sales and services establishments designed to meet the needs of the region, such as banks, food markets, variety and department stores, delicatessens,…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Sussex, NJC-1 CENTRAL BUSINESS DISTRICT. § 19-9.1 Principal Buildings and Uses Permitted. [ Ord. 9/5/78 , S9.1; Ord. 85-13 ; amended 2-4-2025 by Ord. No. 2025-01 ] a. General business and professional offices. b. Retail sales and services establishments designed to meet the needs of the region, such as banks, food markets, variety and department stores, delicatessens, meat markets, drug stores, bakeries, restaurants, barber shops, beauty parlors, laundries and the like. c. Buildings containing apartments, as defined by Borough ordinance, on the second or third floors of a building containing a retail store, service establishment or office on the first floor of a building. Each apartment located on the second or third floors of a building as described above, shall contain the following minimum floor space: One bedroom apartment, 800 square feet. These minimum floor spaces shall not include stairways, public hallways, public foyers, or other means of ingress or egress. d. Any other use determined by the zoning board of adjustment to be similar to and of the same general character as the above specified uses. e. Body art establishments and ear piercing establishments, as regulated by Chapter 30 of the Code.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
