314 Cleveland AveHighland Park, NJ 08904

  • Industrial properties
  • 0.14 AC
For Sale

Property Details for 314 Cleveland Ave

Year built
1950
Construction
CONCRETE BLOCKS
Lot size
0.14 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
07 00403-0000-00037
APU
700403000000037

Description

This exceptional 5,000-square-foot warehouse, located at 314 Cleveland Avenue in Highland Park, New Jersey (08904), presents a unique investment opportunity. Built in 1925, the property sits on a 0.14-acre lot and boasts a 14-foot ceiling height, providing ample storage and operational space. The building's zoning is designated as Professional Office, offering flexibility for a variety of uses. Convenient access is provided by a single drive-in loading door measuring 10 feet by 10 feet. The property's 2024 tax assessment is $12,282. This well-located warehouse in Middlesex County offers significant potential for businesses seeking a versatile and functional space. The property's size and zoning make it suitable for a range of industrial and professional office uses. Serious inquiries are encouraged to discuss the sale price and explore the possibilities this property offers. The property's central location within Highland Park provides easy access to major transportation routes, enhancing its logistical appeal. This is a rare opportunity to acquire a well-maintained industrial property in a desirable New Jersey location. Don't miss out on this chance to own a piece of Highland Park's commercial landscape.

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
314 Cleveland Ave, Highland Park, New Jersey

Location Insight

City
Highland Park
County
Middlesex
State
New Jersey
Latitude
40.5052
Longitude
-74.4324
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
2023
$11,866
$200,000
$275,000
$475,000
-
$200,000
$275,000
$475,000

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