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    Property profile & analytics
    OFF-MARKET Estimated value $2,200,000
    Industrial properties

    50 Tannery Rd, Branchburg, NJ 08876-6034

    10.28 ac lot
    Trust Owned 14-yr Hold Free & Clear
    Property ID
    US59-1735734
    Property summary
    AI-generated overview

    This exceptional 11,700-square-foot industrial condo unit, located at 50 Tannery Road, Unit 2, Somerville, New Jersey, is now available for lease. Situated in Hunterdon County, this single-tenant property offers a versatile space ideal for various industrial uses, including flex, warehouse, R&D, distribution, and manufacturing. Built in 1990, the building features a single story with a 21-foot ceiling height, providing ample room for operations and storage. The unit includes one loading dock and twenty total parking spaces, ensuring efficient loading and ample employee parking. The property boasts 400 amps of power, sufficient for most industrial needs. Its strategic location offers easy access to major transportation arteries, including Route 22, I-78, and I-287, providing seamless connectivity to key markets in the Northeast, such as Philadelphia and New York City. Property taxes are $2.15 per square foot. This prime location and well-equipped space present an outstanding opportunity for businesses seeking a strategic foothold in New Jersey's thriving industrial sector. The property is part of a larger 93,000 square foot building. This is a rare opportunity to secure a well-positioned industrial space in a highly desirable location. Contact us today to schedule a viewing.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 10.28 ac (447,797 SF)
    Zoning code ROM2
    APN 22 00039-0000-00053- 04
    UPID US59-1735734
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.20M
    Owner & transaction history
    Silverman L Family 2011 Trust · 14 yrs held
    Silverman L Family 2011 Trust
    since 2011
    Last sale
    $2.2M
    3 recorded transactions
    2011
    1969
    1969
    Zoning & alternative use
    ROM2 · Branchburg, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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