4 American Way, Spotswood, NJ 08884-1280
- Industrial properties
- 77,981 SF
- 14.96 lot acres
Current Use by Public Records
- Dart Seasonal Products Inc / Landscaping / General Contractor
Property Details for 4 American Way
- Lot size
- 14.96 lot acres
- Property type
- Industrial properties
- APN
- 24 00091- 3-00006
- APU
- 2400091300006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 18, 2024 | — | 230 Liberty Street LLC | — | Deed · related | $13.5M · Fulton Bank NA |
| Nov 15, 2022 | — | 230 Liberty Street LLC | — | Deed · related | $10k · Truist Bank |
| Feb 16, 2022 | — | 230 Liberty Street LLC | — | Deed · related | $2.3M · Truist Bank |
| Aug 24, 2021 | — | 230 Liberty Street LLC | — | Deed · related | $3.8M · United States Small Business Admin |
| Feb 23, 2021 | $9,200,000 | 230 Liberty Street LLC | 4 American Way LLC | Deed | $3.8M · Truist Bank |
| Jan 29, 2019 | $1,050,000 | 4 American Way LLC | Klia Properties LLC | Deed | $7M · Nassau Educators FCU |
| Aug 15, 2018 | — | Klia Properties LLC | — | Deed · related | $1.2M · Jbjt Equity LLC |
| Jul 30, 2018 | — | Klia Properties LLC | — | Deed · related | $8.8M · Rmt Ent LLC |
| Dec 15, 2017 | — | Klia Properties LLC | — | Loan Modification · related | $7.3M · Gerber Fin |
| May 17, 2011 | $3,500,000 | Klia Properties LLC | Greif Packaging LLC | Grant Deed | $3.2M · Greif Packaging LLC |
| Nov 8, 2007 | — | Greif Indl Packaging & Svcs L | Greif INC | Quit Claim Deed · related | — |
| — | — | Klia Properties LLC | — | Deed Of Trust · related | $1.8M · Gerber Fin |
| — | — | Klia Properties LLC | — | Deed Of Trust · related | $1.2M · Jbjt Equity LLC |
| — | — | Klia Properties LLC | — | Deed Of Trust · related | $1.2M · Jbjt Equity LLC |
| — | — | Klia Properties LLC | — | Deed Of Trust · related | $8.8M · Rmt Ent LLC |
Description
This exceptional 79,500-square-foot warehouse, situated on a generous 14.96-acre lot in Spotswood, New Jersey, presents a compelling investment opportunity. The single-story building features 11 loading docks and one dock-high door, ensuring efficient loading and unloading operations. Ceiling heights range from 16 to 24 feet, providing ample vertical space for storage and various industrial uses. The property is zoned for light industrial use, offering flexibility for a range of businesses. Its strategic location offers convenient access to major transportation arteries. Located just one mile from the New Jersey Turnpike and Route 1, this property provides seamless connectivity to regional and national transportation networks. Furthermore, its proximity to the Port of Newark/Elizabeth (approximately 30 minutes away) makes it an ideal location for businesses involved in import/export activities. The expansive lot size allows for significant outdoor storage and trailer parking, adding considerable value and operational flexibility. This property is an excellent choice for businesses seeking a well-located, spacious, and functional warehouse facility in a thriving industrial area. The address is 4 American Way, Spotswood, NJ 08884, within Middlesex County.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,830,000
- ML approach
- $11,500,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,590,000
- 6.5%
- $13,465,000
- 7%
- $12,505,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,429,000
Market price range: $9.43M - $35.5M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $17,360,000 Current use
- COMMERCIAL (GENERAL)
- $17,485,000 Change: +1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spotswood
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3834
- Latitude
- 40.4035
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
