4 American WaySpotswood, NJ 08884

  • Industrial properties
  • 77,981 SF

Property Details for 4 American Way

Lot size
14.96 AC
Property size (Sq ft)
77,981 SF
Property type
Industrial properties
APN
24 00091- 3-00006
APU
2400091300006

Description

This exceptional 79,500-square-foot warehouse, situated on a generous 14.96-acre lot in Spotswood, New Jersey, presents a compelling investment opportunity. The single-story building features 11 loading docks and one dock-high door, ensuring efficient loading and unloading operations. Ceiling heights range from 16 to 24 feet, providing ample vertical space for storage and various industrial uses. The property is zoned for light industrial use, offering flexibility for a range of businesses. Its strategic location offers convenient access to major transportation arteries. Located just one mile from the New Jersey Turnpike and Route 1, this property provides seamless connectivity to regional and national transportation networks. Furthermore, its proximity to the Port of Newark/Elizabeth (approximately 30 minutes away) makes it an ideal location for businesses involved in import/export activities. The expansive lot size allows for significant outdoor storage and trailer parking, adding considerable value and operational flexibility. This property is an excellent choice for businesses seeking a well-located, spacious, and functional warehouse facility in a thriving industrial area. The address is 4 American Way, Spotswood, NJ 08884, within Middlesex County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,757,055
    Hospitality
    $13,517,383
    Educational
    $11,246,304
    Medical
    $11,633,082
    Retail
    $17,494,250

Location Insight

City
Spotswood
County
Middlesex
State
New Jersey
Latitude
40.4035
Longitude
-74.3834
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
$103,258
$1,496,000
$1,447,500
$2,943,500
-
$1,496,000
$1,447,500
$2,943,500

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