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51 Brown Ave

2,400 SF Industrial Building Springfield, NJ 07081 $399,000 ($166/SF)

Executive Summary

This property is sold SUBJECT to an existing easement to a cellular operator who has a non-exclusive right of access to their
EXCLUSIVE EASEMENT by way of the Existing Asphalt Driveway as noted in the sketch above for a cell site location on the
property. Buyer does not, and will not, receive any interest or income from the cell site as that is retained by the Seller(s).
Buyer will get the use of the balance of the property, less the EXCLUSIVE cell site easement area and subject to the nonexclusive
access easement as generally shown on the above sketch. Please call with any questions. Buyer is responsible for the
maintenance of said non-exclusive easement. Copies of easements are available upon request to interested parties. Cellular
operator is required to pay the real estate taxes on the cell site which has its own assessment.
Two 3 phase 400 amp electric services, 480 volts 4 wire and 120/240 volts red leg, 1 Drive in door, 1 lavatory, heated and air conditioned

Property Facts Under Contract

Price $399,000
Price Per SF $166
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 0.35 AC
Rentable Building Area 2,400 SF
No. Stories 1
Year Built 1965
Tenancy Single

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-03102-0000-00004
Land Assessment
$192,000
Improvements Assessment
$144,000
Total Assessment
$336,000

zoning

Zoning Code I-20 (I-20 Industrial Zone)
I-20 (I-20 Industrial Zone)
  • Listing ID: 33931248

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 51 Brown Ave, Springfield, NJ 07081

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