360 Florence AveHillside, NJ 07205

Property Details for 360 Florence Ave

Year built

1966

Construction

CONCRETE BLOCKS

Lot size

4.81 AC

Property size (Sq ft)

9,800 SF

Zone code

LI

Property type

Industrial properties

Property subtype

Other industrial properties

APN

07 00604-0000-00027

APU

700604000000027

Description

This exceptional investment opportunity presents a 5-acre mixed-use property located at 360 Florence Ave, Hillside, New Jersey, 07205. The property consists of three buildings situated on a sizable lot, including 1.5 acres of outdoor space. The property is currently leased to a diverse tenant mix, including a national landscaping company (BrightView), Garden State Labs, and Acts 238 Trucking. This multi-tenant property operates under a NNN lease structure, offering a stable and predictable income stream. One unit within the office building is currently vacant, presenting an immediate opportunity for increased revenue generation. This 4900 square foot space offers significant potential for lease income. The property's strategic location in Union County, New Jersey, provides excellent access to major transportation routes and a thriving business community. The asking price for this exceptional commercial property is $10,000,000. This represents a compelling investment opportunity for those seeking a stable, multi-tenant property with significant upside potential. The property's size, tenant diversity, and prime location make it an ideal addition to any commercial real estate portfolio. Contact us today to learn more about this unique opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $1,854,543

  Hospitality

  $1,698,752

  Educational

  $1,413,342

  Medical

  $1,461,948

  Retail

  $2,198,531

Location Insight

City

Hillside

County

Union

State

New Jersey

Latitude

40.7012

Longitude

-74.2332

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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