343 Murray Hill Pkwy, East Rutherford, NJ 07073
- Industrial properties
- 52,344 SF
- 3.50 lot acres
Current Use by Public Records
- Beavex-New Jersey / Logistics Company / Freight Service
- Axis Global Logistics / Logistics Company / Freight Service
Property Details for 343 Murray Hill Pkwy
- Year built
- 1975
- Lot size
- 3.50 lot acres
- Property type
- Industrial properties
- APN
- 12 00106- 01-00007
- APU
- 12001060100007
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 28, 2025 | — | Atlantic Oliver III 343 Murray Hill | — | Deed · related | $14.1M · Nicola Usmf Sound Point LP |
| Apr 22, 2014 | $6,874,485 | 343 Murray Hill Parkway INC | Murray Hill Sge LLC | Grant Deed | — |
| Oct 20, 2011 | $2,800,000 | Murray Hill Sge LLC | Sun Chemical Corp | Grant Deed | — |
| — | — | Murray Hill Sge LLC | — | Deed Of Trust · related | $1.5M · Pascack Community Bank |
| — | — | Murray Hill Sge LLC | — | Deed Of Trust · related | $2.9M · Pascack Community Bank |
Description
This exceptional 53,665-square-foot flex space in East Rutherford, New Jersey, presents a unique opportunity for businesses seeking a versatile industrial facility. Situated on a generous 3.5-acre lot in Bergen County, this single-tenant building offers ample space for various operational needs. The property boasts 8,000 square feet of dedicated office space, complemented by a substantial warehouse area with impressive ceiling heights ranging from 17 to 21 feet. Loading and unloading are facilitated by eight tailgates, six external docks, two internal docks, and three drive-in doors. Extensive parking is available, encompassing a 1.3-acre trailer parking area and 40 car parking spaces. The building is equipped with a robust power supply of 800 amps at 480 volts and a comprehensive wet sprinkler system covering the entire 53,665 square feet. The property's location in East Rutherford, with its convenient access to major transportation routes, adds to its appeal. This turnkey facility is ready for immediate occupancy. Lease rate information is available upon inquiry. The property is located at 343 Murray Hill Pkwy, East Rutherford, NJ 07073.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,790,000
- 6.5%
- $9,040,000
- 7%
- $8,395,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $11,725,000 Current use
- COMMERCIAL (GENERAL)
- $10,720,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Rutherford
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0923
- Latitude
- 40.8206
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
