3150 Bordentown AveOld Bridge, NJ 08857

For Sale
$10,000,000

35,000 SF Warehouse, $10M

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Old Bridge, New Jersey industrial property presents a compelling investment opportunity. The 35,000-square-foot warehouse, built in 1967, sits on a 5.1-acre lot and boasts a 100% occupancy rate, generating a pro-forma NOI of $1,099,992 and an 11% pro-forma cap rate. The single-story Class B building features 24'-30' ceiling heights, five dock-high doors, and approximately 7,000 square feet of office/showroom space. The property is zoned SD3 and benefits from ample parking and yard space. With its strategic location in the Old Bridge/Sayreville industrial submarket, this owner-user investment offers significant potential. The asking price is $10,000,000, translating to $285.71 per square foot and $1,960,784 per acre for the land. The property's features include a masonry construction, and a layout suitable for various manufacturing and warehouse operations. This is a rare opportunity to acquire a well-maintained, high-performing industrial asset in a prime location. The property's strong financial performance and desirable features make it an attractive investment for both owner-users and investors seeking a stable, high-return asset. The address is 3150 Bordentown Avenue, Old Bridge, NJ 08857.

Highlights

  • 3.79 acres of improved outlots and parking.
  • Seven (7) work bays with lifts.
  • 24-foot clear ceiling heights.

Property Details for 3150 Bordentown Ave

Property type
Other warehouses, Other industrial properties
Square Feet
35,000 SF
Class
B
Year Built
1967
Buildings
1
Stories
1
Lot Size (sq. ft)
222,156 SF

Location Insight

City
Old Bridge
County
Middlesex
State
New Jersey
Latitude
40.446258684893
Longitude
-74.314586481712
3150 Bordentown Ave, Old Bridge, New Jersey

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3150 Bordentown Ave
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