Entity Owned Property summary
This exceptional industrial property, located at 57 Roosevelt Avenue in Plainfield, New Jersey, presents a unique investment opportunity. The property encompasses a total of approximately 2,000 square feet, strategically divided into a 2,000 square foot warehouse and a 600 square foot office space. Situated on a sizable 0.4-acre lot (Block 318, Lot 1), the property offers ample yard space for storage or expansion. The warehouse boasts a generous 10-foot clear ceiling height, providing ample vertical space for various operational needs. Convenient access is ensured by a single drive-up ramp loading dock, streamlining loading and unloading processes. The property is further enhanced by the availability of heavy-power electric service, catering to businesses with significant energy demands. This versatile property is ideally suited for a range of industrial and commercial uses, offering a blend of warehouse and office space in a desirable Plainfield location, within Union County, and conveniently located at zip code 07060. The property's size and features make it an attractive option for businesses seeking a functional and well-equipped space.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
R-4: Moderate Density Residential Zone District. [MC 2002-29 § 17:9-8, December 2, 2002; MC 2007-04 Exh. A, June 20, 2007] A. Purpose. This zone is designed for single-family and two-family development at a density not t…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-4 · Plainfield, NJR-4: Moderate Density Residential Zone District. [MC 2002-29 § 17:9-8, December 2, 2002; MC 2007-04 Exh. A, June 20, 2007] A. Purpose. This zone is designed for single-family and two-family development at a density not t…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
R-4: Moderate Density Residential Zone District. [MC 2002-29 § 17:9-8, December 2, 2002; MC 2007-04 Exh. A, June 20, 2007] A. Purpose. This zone is designed for single-family and two-family development at a density not t…
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