371 Little Falls RdCedar Grove, NJ 07009

  • Industrial properties
  • 2.03 AC
For Lease
$13.75/SF/YR View listing

Property Details for 371 Little Falls Rd

Year built
1978
Construction
FRAME
Lot size
2.03 AC
Zone code
M-2
Property type
Industrial properties
Property subtype
Other industrial properties
APN
04 00280-0000-00307
APU
400280000000307

Description

This exceptional Class A industrial flex space, located in the desirable Cedar Grove submarket of North Jersey, offers a rare opportunity for businesses seeking efficient and versatile accommodations. The property at 371 Little Falls Road boasts a total of 27,000 square feet across five suites, with 6,585 square feet currently vacant and immediately available. This single-story building features impressive 20-foot ceilings, providing ample vertical space for various operational needs. The space is divisible to a minimum of 5,000 square feet, and a maximum contiguous space of 6,585 square feet is available. Loading and unloading is facilitated by five loading docks and one convenient drive-in door. The property also includes a significant office component, with 1,720 square feet of finished office space included within the available 6,585 square feet. This combination of warehouse and office space makes it ideal for a variety of businesses requiring both storage and administrative areas. The property's location in the thriving North Jersey market offers excellent access to major transportation routes, ensuring seamless logistics and convenient commutes for employees. Don't miss this chance to secure a highly functional and strategically located industrial flex space in a sought-after area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,733,847
    Hospitality
    $15,328,114
    Educational
    $12,752,811
    Medical
    $13,191,400
    Retail
    $19,837,706
371 Little Falls Rd, Cedar Grove, New Jersey

Location Insight

City
Cedar Grove
County
Essex
State
New Jersey
Latitude
40.8656
Longitude
-74.2223
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
$53,203
$1,370,300
$704,700
$2,075,000
-
$1,370,300
$704,700
$2,075,000

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