99 Caven Point RdJersey City, NJ 07305

  • Industrial properties
  • 15.66 AC
For Lease
$15/SF/YR View listing

Property Details for 99 Caven Point Rd

Year built
1994
Construction
CONCRETE BLOCKS
Lot size
15.66 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
06 24303-0000-00017
APU
624303000000017

Description

This exceptional Jersey City industrial warehouse at 99A Caven Point Road offers 348,000 square feet of Class B space, built in 1995. Currently, 157,633 square feet is immediately available for lease. The property boasts a strategic location, providing immediate access to the New Jersey Turnpike, and is within a 10-minute drive of Newark Liberty International Airport, Port Elizabeth, and the Lincoln and Holland Tunnels. The warehouse features 24-foot ceilings, 42' x 40' column spacing, and 19 exterior dock-high doors for efficient loading and unloading. Dedicated office space is included, featuring a conference room, open floor plan, and private offices. This location benefits from a strong labor pool, with approximately 318,243 residents within a 10-mile radius working in warehousing. Public transportation is readily accessible via bus routes and the Hudson-Bergen Light Rail, offering convenient commutes. Numerous financial incentives may be available through the New Jersey Economic Development Authority (EDA) for eligible businesses. The entire 348,000 square feet is available as one contiguous space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $129,114,064
    Hospitality
    $118,267,784
    Educational
    $98,397,408
    Medical
    $101,781,448
    Retail
    $153,062,640
99 Caven Point Rd, Jersey City, New Jersey

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.7006
Longitude
-74.0719
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
$685,126
$10,179,000
$22,168,800
$32,347,800
-
$10,179,000
$22,168,800
$32,347,800

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