Property profile

319 54th St Elmwood Park, NJ 07407

OFF-MARKET
Industrial properties
Property ID
US59-1978878
6,000 SF 0.42 ac lot Built 1959
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,000-square-foot flex space at 319 E 54th St, Elmwood Park, NJ, presents a compelling investment opportunity. Situated on a 0.4-acre lot in Bergen County (zip code 07407), this free-standing industrial building offers significant potential for owner-operators. The property boasts 2,800 square feet of office space, complemented by 8,200 square feet of warehouse/flex space. Features include a 13' to 16' clear ceiling height, providing ample vertical space for various uses. Loading is facilitated by one drive-in door. The building is equipped with a full HVAC system and has undergone renovations within the last five years. Ample parking is available with 20 spaces on-site. The property is zoned R-18, currently utilized for industrial purposes, offering flexibility for a range of permitted uses. The electrical service is 200 amps. This turnkey property is priced at $2,750,000 and represents a rare opportunity to acquire a well-maintained, versatile industrial/flex space in a desirable location. The property's location provides convenient access to major transportation routes.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1959
Construction BRICK
Total area 6,000 SF
Lot 0.42 ac (18,317 SF)
APN 11 00804-0000-00016
UPID US59-1978878

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association Or Organization
  • (Bike/Boat/Book/etc) Store Printing Service
  • (Bike/Boat/Book/etc) Store

Location

319 54th St Elmwood Park, NJ 07407-2712
Elmwood Park metro Census 11400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.04M
Comparable Approach Comparable
$507k
Blend (final) Blend
$835k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
$2.7M
2018
$1.1M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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