This fee-simple industrial property in Lumberton, NJ, offers a rare value-add opportunity. The 2,000-square-foot building, constructed in 1956, sits on a 0.15-acre lot (6,477 square feet) and features a single-story structure with a 7-8-foot ceiling height. Currently configured as a novelty glass jar manufacturing facility, the space includes a 22'x17' assembly room, a 12'x18' shipping room, a 20'x29' packing area, and multiple offices totaling approximately 540 square feet, plus a restroom. The building boasts two overhead drive-in garage doors, a pull-down attic staircase, a newer HVAC system, and a metal roof coated approximately 5-7 years ago. The property offers potential for various uses, including continued manufacturing, contractor spaces, or professional offices, subject to township approvals and variances. The 0.15-acre lot provides ample space for parking or potential expansion. The property's strategic location offers easy access to major roadways including Routes 38, 70, 541, I-295, and is approximately 30 minutes from Center City Philadelphia, an hour from the Jersey Shore and New York City. The property is being sold "as is," with the buyer responsible for all inspections, certifications, and necessary municipal approvals. Six parking spaces are available. The asking price is $215,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,670,564
Hospitality
$1,530,227
Educational
$1,273,131
Medical
$1,316,916
Retail
$1,980,426
Location Insight
City
Lumberton
County
Burlington
State
New Jersey
Latitude
39.9654
Longitude
-74.8078
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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