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Property profile & analytics
OFF-MARKET Estimated value $9,840,000
Industrial properties

703 Jersey Ave New Brunswick, NJ 08901-3651

11,760 SF 5.77 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
Property ID
US59-1577790
Property summary
AI-generated overview

This exceptional ±5.8-acre industrial property, located at 703 Jersey Avenue in New Brunswick, New Jersey, presents a significant investment opportunity. Situated in Middlesex County, zip code 08901, this site boasts approximately 3.5 acres of usable outdoor industrial storage space, ideal for various operational needs. The property is zoned I-2, offering flexibility for a range of industrial uses. The expansive lot size (Block 597, Lot 2) provides ample room for expansion or future development. Its strategic location in New Brunswick offers convenient access to major transportation arteries, facilitating efficient logistics and distribution. This property is an excellent choice for businesses seeking a substantial outdoor storage solution in a prime New Jersey location. The property's size and zoning make it suitable for a variety of industrial uses, providing a strong foundation for long-term growth and profitability. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a large, well-located industrial property in a thriving market. Don't miss out on this chance to secure a valuable asset in a highly sought-after area.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Construction BRICK
Total area 11,760 SF
Lot 5.77 ac (251,211 SF)
Zoning code I-2
APN 13 00597- 05-00002
UPID US59-1577790
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
Current use
Occupant on record · Public records
  • VSA New Jersey Charitable Organization Social Service Agency
  • Middlesex County Reprographics County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.96M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.84M
Owner & transaction history
Us Bank Cust For Tower Db Viii · 3 yrs held
Us Bank Cust For Tower Db Viii
since 2022
Last sale
$9.6M
4 recorded transactions
2022
$36,687
2022
$9.6M
2022
$2.6M
2005
Price N/A
Zoning & alternative use
I-2 · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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