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INVESTMENT HIGHLIGHTS
- The location offers regional access in central Union County, NJ—beneficial for distribution within the New York / Northern New Jersey corridor.
EXECUTIVE SUMMARY
Team Resources, as exclusive agent, is pleased to present 367-71 Somerset St in North Plainfield, NJ available for purchase. This two-story commercial/industrial property is
situated on a .22 acre lot in the business/commercial district of North Plainfield Borough of Somerset County. Easily accessible from major roadways including Routes 22, 78, and 287, make it well-positioned for logistics or distribution uses. This historic (1924) two-story industrial/warehouse property with 8,791+/- sq ft, including: 1,000 +/- sq. ft. of office and 5,000+/- sq. ft. of mezzanine space, along with good ceiling heights. An over-sized drive-in door access gives the user flexibility between administrative and bulk/storage functions. The location offers regional access in central Union County, NJ—beneficial for distribution within the New York / Northern New Jersey corridor.
situated on a .22 acre lot in the business/commercial district of North Plainfield Borough of Somerset County. Easily accessible from major roadways including Routes 22, 78, and 287, make it well-positioned for logistics or distribution uses. This historic (1924) two-story industrial/warehouse property with 8,791+/- sq ft, including: 1,000 +/- sq. ft. of office and 5,000+/- sq. ft. of mezzanine space, along with good ceiling heights. An over-sized drive-in door access gives the user flexibility between administrative and bulk/storage functions. The location offers regional access in central Union County, NJ—beneficial for distribution within the New York / Northern New Jersey corridor.
PROPERTY FACTS
| Price | $2,722,044 CAD | Rentable Building Area | 8,791 SF |
| Price Per SF | $309.64 CAD | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1924 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 21’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.23 AC | Opportunity Zone |
Yes
|
| Zoning | IND - Industrial | ||
| Price | $2,722,044 CAD |
| Price Per SF | $309.64 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 8,791 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Tenancy | Single |
| Clear Ceiling Height | 21’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | IND - Industrial |
AMENITIES
- Cooler
1 1
Walk Score®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 14-00099-0000-00030 | Improvements Assessment | $531,434 CAD |
| Land Assessment | $139,851 CAD | Total Assessment | $671,285 CAD |
PROPERTY TAXES
Parcel Number
14-00099-0000-00030
Land Assessment
$139,851 CAD
Improvements Assessment
$531,434 CAD
Total Assessment
$671,285 CAD
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367 Somerset St
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