319 54Th StElmwood Park, NJ 07407

  • Industrial properties
  • 6,000 SF
For Sale
$2,750,000 View listing

Property Details for 319 54Th St

Year built
1959
Construction
BRICK
Lot size
0.42 AC
Property size (Sq ft)
6,000 SF
Property type
Industrial properties
APN
11 00804-0000-00016
APU
1100804000000016

Description

This exceptional 10,000-square-foot flex space at 319 E 54th St, Elmwood Park, NJ, presents a compelling investment opportunity. Situated on a 0.4-acre lot in Bergen County (zip code 07407), this free-standing industrial building offers significant potential for owner-operators. The property boasts 2,800 square feet of office space, complemented by 8,200 square feet of warehouse/flex space. Features include a 13' to 16' clear ceiling height, providing ample vertical space for various uses. Loading is facilitated by one drive-in door. The building is equipped with a full HVAC system and has undergone renovations within the last five years. Ample parking is available with 20 spaces on-site. The property is zoned R-18, currently utilized for industrial purposes, offering flexibility for a range of permitted uses. The electrical service is 200 amps. This turnkey property is priced at $2,750,000 and represents a rare opportunity to acquire a well-maintained, versatile industrial/flex space in a desirable location. The property's location provides convenient access to major transportation routes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,135,435
    Hospitality
    $1,040,052
    Educational
    $865,311
    Medical
    $895,070
    Retail
    $1,346,040

Location Insight

City
Elmwood Park
County
Bergen
State
New Jersey
Latitude
40.9097
Longitude
-74.1134
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
$26,075
$277,000
$588,700
$865,700
-
$277,000
$588,700
$865,700

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