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    327-347 1St St Elizabeth, NJ 07206
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    Property profile & analytics

    327-347 1St St Elizabeth, NJ 07206


    • Industrial properties
    • 6.69 lot acres
    Industrial Space Near Ports Newark/Elizabeth For Lease
    $29,605,000
    247,446 SF

    Industrial Space Near Ports Newark/Elizabeth

    Industrial facility with unmatched access to NYC and major highways.

    327-347 1st St, Elizabeth, NJ 7206
    View Listing
    Property ID
    US59-1290630
    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
    $29,605,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 327-347 1St St

    Lot size
    6.69 lot acres
    Property type
    Industrial properties
    APN
    04 00825- 01-00032
    APU
    4008250100032

    Description

    This exceptional industrial warehouse property, located at 327-347 1st Street in Elizabeth, New Jersey (zip code 07206), offers a total of 247,446 square feet of space. The property is situated in Union County and provides unparalleled access to major transportation arteries, including Routes 1 & 9, Route 78, and the New Jersey Turnpike, making it strategically positioned for efficient logistics. The building is only 16 miles from New York City via the Holland Tunnel and less than 5 miles from the Ports of Newark & Elizabeth, the largest on the East Coast. This prime location benefits from a large and readily available workforce. The warehouse features multiple tenancy options, with spaces ranging from a minimum of 2,002 square feet to a maximum contiguous space of 66,163 square feet. Currently, 128,019 square feet is vacant. The building boasts impressive ceiling heights ranging from 10 to 16 feet, a 120-foot truck court, and is situated on a fully fenced, secured, and paved lot. Loading capabilities include 26 loading docks and one drive-in door. The building also includes freight elevators. A significant portion of the space (66,163 sq ft) is located on the ground floor, with an additional 59,854 sq ft in the basement accessible via an external drive-in, two interior floor cutouts, and two freight elevators. The property is undergoing a complete roof replacement. This warehouse is ideal for businesses seeking efficient operations and convenient access to major transportation hubs and a large labor pool.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $27,815,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.177
    Latitude
    40.6527
    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
    $169,652
    $401,400
    $489,600
    $891,000
    -
    $401,400
    $489,600
    $891,000
    View Listing
    More about this property
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