4 7Th StFrenchtown, NJ 08825

Property Details for 4 7Th St

Construction

CONCRETE BLOCKS

Lot size

0.62 AC

Zone code

R-2

Property type

Industrial properties

Property subtype

Other industrial properties

APN

11 00018-0000-00001

APU

1100018000000001

Description

This exceptional 10,650-square-foot industrial property in Frenchtown, New Jersey, is offered at $1,100,000. Situated on a 0.62-acre lot at 4 Seventh Street, 08825, this property features two units totaling 10,650 square feet. One unit offers approximately 2,000 square feet of ground floor space with 16-foot ceilings, while the other encompasses approximately 8,650 square feet with 14-16 foot ceilings, plus an additional 2,000 square feet of second-floor space. The building boasts two loading docks, drive-in capabilities, and the potential to add two more drive-in bays. A significant advantage is the presence of an interior crane located above a potential drive-in bay. The property benefits from city water and sewer, propane heat, and heavy power distribution throughout, reflecting its former use as a carpentry/wood shop. A full sprinkler system ensures safety. Ideal for various uses including fabrication, assembly, light manufacturing, e-commerce, and sports/athletic businesses, this property also serves as an excellent satellite facility for regional service-oriented businesses. Annual property taxes are approximately $13,808.52. The asking price is $1,100,000, with a lease rate of $7.00 per square foot (base rent).

• Alternative Use

  Use

  Valuation

  Residential

  $7,679,176

  Hospitality

  $7,034,084

  Educational

  $5,852,275

  Medical

  $6,053,544

  Retail

  $9,103,539

Location Insight

City

Frenchtown

County

Hunterdon

State

New Jersey

Latitude

40.5317

Longitude

-75.0638

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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