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Property profile & analytics
FOR LEASE
Industrial properties

343 Murray Hill Pkwy East Rutherford, NJ 07073

52,344 SF 3.5 ac lot Built 1975
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US59-2362965
343 Murray Hill Pkwy, East Rutherford, NJ 07073 For Lease
Contact for pricing 53,754 SF available
343 Murray Hill Pkwy, East Rutherford, NJ 07073
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Total area 52,344 SF
Lot 3.5 ac (152,460 SF)
APN 12 00106- 01-00007
UPID US59-2362965
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
Current use
Occupant on record · Public records
  • Beavex-New Jersey Logistics Company Freight Service
  • Axis Global Logistics Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$9.04M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.26M
Owner & transaction history
343 Murray Hill Parkway INC · 12 yrs held
343 Murray Hill Parkway INC
since 2014
5 recorded transactions
2025
Price N/A
2014
$6.9M
2011
$2.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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