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467 Mundet Pl Hillside, NJ 07205
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467 Mundet Pl Hillside, NJ 07205


  • Industrial properties
  • 9,999 SF
  • 3.26 lot acres
Industrial Warehouse Near Major Highways For Lease
$1,420,000
74,625 SF

Industrial Warehouse Near Major Highways

74,625 SF warehouse with highway access and ample parking.

467 Mundet Place, Hillside, NJ 7205
View Listing
Property ID
US59-2023309
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
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Industrial properties

Property Details for 467 Mundet Pl

Lot size
3.26 lot acres
Property size
9,999 SF
Zone code
HI
Property type
Industrial properties
APN
07 00605-0000-00009
APU
700605000000009

Description

This exceptional industrial flex property, located at 467 Mundet Place, offers a total of 74,625 square feet on a 3.26-acre lot. The building is comprised of two available suites, ideal for a variety of uses. Unit A boasts 20,000 square feet, including 1,000 square feet of office space, four loading docks, and ample parking for four trailers and eight cars on a quarter-acre lot. Unit B encompasses 10,000 square feet, featuring 2,800 square feet of office space, two loading docks, and parking for four trailers and seven cars. These units can be combined to create a 30,000-square-foot space. Both units feature desirable specifications including 20-foot clear ceilings, 30' x 40' column spacing, and a robust power supply of 300-400 amps, 3-phase, 3-wire. A comprehensive water sprinkler system and air conditioning in the office areas are also included. The property benefits from sixteen loading docks and one drive-in door, providing excellent logistical capabilities. Estimated property taxes are $1.70 per square foot. The property enjoys excellent access to major highways and the Ports of Newark/Elizabeth. Inquire for pricing and availability.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,870,000
    6.5%
    $1,725,000
    7%
    $1,605,000
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $1,730,000
    Current use
    OFFICE BUILDING
    $2,035,000
    Change: +18% Conversion: Difficult
    RESTAURANT
    $1,595,000
    Change: -8% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Hillside
County
Union
State
New Jersey
Longitude
-74.2356
Latitude
40.7012
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
$127,024
$586,800
$1,013,200
$1,600,000
-
$586,800
$1,013,200
$1,600,000
View Listing
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