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733 Ridgedale Ave
East Hanover, NJ 07936

Value-Add Industrial/Flex Off I-280 · Industrial Property For Sale

Investment Highlights

  • Value-add industrial/flex building with immediate access to Route 10, I-280, and I-80 in East Hanover, NJ.
  • Features include 800-amp, 3-phase, 120/240-volt electric service, an elevator, six loading docks, two drive-ins, a heated warehouse, and more.
  • Located less than a 45-minute drive from the New York and New Jersey Port, Teterboro Airport, and Newark Airport.
  • 733 Ridgedale Ave offers 19,115 square feet of warehouse and flex space and 17,193-square-foot office space.
  • 733 Ridgedale Ave is 73% occupied, with upside through lease-up of the remaining vacancies and increasing rental rates.
  • Dynamically situated with direct access to main roadways, allowing convenient connectivity to major surrounding markets.

PROPERTY FACTS

Sale Conditions Auction Sale
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • FlexLight Distribution
Building Class B
Lot Size 2.28 AC
Rentable Building Area 43,701 SF
No. Stories 2
Year Built 1985
Clear Ceiling Height 20 FT

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-00001-01-00010
Land Assessment
$570,000
Improvements Assessment
$1,730,000
Total Assessment
$2,300,000

zoning

Zoning Code I-3 (Light Industry Zone)
I-3 (Light Industry Zone)
  • Listing ID: 24568429

  • Date on Market: 11/30/2021

  • Last Updated:

  • Address: 733 Ridgedale Ave, East Hanover, NJ 07936

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