703 Van Rossum Ave Edgewater Park, NJ 08010
40,800 SF Value-Add Industrial Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Significant Value-Add Opportunity: Below-market rents offer substantial upside potential.
- Diverse Income Stream: Nine industrial and two office tenants, plus approximately 60 storage containers provide stable cash flow.
- Substantial Discount to Replacement Cost: Priced at 40% of replacement cost.
- Excellent Location and Accessibility: Prime location with convenient access.
Property Details for 703 Van Rossum Ave
- Property type
- Warehouses, Industrial properties
- Square Feet
- 40,800 SF
- Year Built/Renovated
- 1920/2020
- Stories
- 1
- Lot Size (sq. ft)
- 190,357 SF
- Units
- 10
Location Insight
- City
- Edgewater Park
- County
- Burlington
- State
- New Jersey
- Latitude
- 40.060155796221
- Longitude
- -74.917302102404
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - 40,800 SF Value-Add Industrial Investment
- Where is the warehouse located?
- The property is located at 703 Van Rossum Ave Edgewater Park, NJ.
- What is the asking price?
- The asking price for this property is $3,300,000.
- What are key features of this property?
- This property features: Significant Value-Add Opportunity: Below-market rents offer substantial upside potential.; Diverse Income Stream: Nine industrial and two office tenants, plus approximately 60 storage containers provide stable cash flow.; Substantial Discount to Replacement Cost: Priced at 40% of replacement cost.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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