5 Mars Ct Boonton, NJ 07005
Property profile & analytics
5 Mars Ct Boonton, NJ 07005
- Industrial properties
- 24,500 SF
- 3.31 lot acres
Property ID
US59-0118578
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.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 5 Mars Ct
- Year built
- 1980
- Construction
- STEEL FRAME
- Lot size
- 3.31 lot acres
- Property size
- 24,500 SF
- Zone code
- I2
- Property type
- Industrial properties
- APN
- 21 00003-0000-00038- 5
- APU
- 21000030000000385
Description
This exceptional 34,500-square-foot industrial property in Boonton, NJ, presents a unique investment opportunity. Situated on a 3.31-acre lot, this versatile space is perfectly suited for a variety of commercial uses, including light manufacturing, warehousing, and distribution. The property boasts 3,900 square feet of modern office and administrative space, seamlessly integrated with the expansive warehouse area. Maintain a comfortable and efficient operation with the recently updated HVAC systems and energy-saving LED lighting throughout. High ceilings, ranging from 15 to 24 feet, offer unparalleled flexibility for storage, equipment placement, and operational layout. Ample on-site parking ensures convenient access for employees and clients. Benefit from the strategic location, providing easy access to major transportation arteries including Routes 46, 80, and 287, significantly streamlining logistics and distribution. This property offers a compelling combination of size, functionality, and location, making it an ideal choice for businesses seeking to expand or establish a strong presence in the thriving Boonton market. The asking price is $7,495,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,475,000
- ML approach
- $8,345,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,126,000
Market price range: $3.27M - $6.13M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,130,000
- COMMERCIAL (GENERAL)
- $4,780,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boonton
- County
- Morris
- State
- New Jersey
- Longitude
- -74.3858
- Latitude
- 40.9454
- 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
$38,310
$662,000
$4,088,000
$4,750,000
-
$662,000
$4,088,000
$4,750,000
