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4025 Bergen Tpke

46,693 SF Industrial Building North Bergen, NJ 07047 £12,550,560 (£269/SF) 6.37% Net Initial Yield

Investment Highlights

  • Minutes from NYC
  • Quite neighbors

Executive Summary

Two properties shown in red box - sold together
50,031 SF lot/1.15 Acre:
o 46,693 SF Manufacturing/Warehouse
o Primary Street Frontage 323.86’ along Bergen Turnpike
o C1-C Zoning
o Total of 5 Docks - 1 Drive-in
o Heavy Power
Leaseback information:
o 1-2 year leaseback with 90 day out
o $85,000 NNN - 6.375% Cap

Property Facts

Price £12,550,560
Price Per SF £269
Sale Type Investment or Owner User
Net Initial Yield 6.37%
Sale Conditions Sale & Leaseback
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • Industrial Manufacturing
Building Class C
Lot Size 1.15 AC
Rentable Building Area 46,693 SF
Number of Floors 1
Year Built 1925
Tenancy Single
Parking Ratio 0.43/1,000 SF

Amenities

  • Floor Drains
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00134-0000-00004
Land Assessment
£234,617
Improvements Assessment
£3,524,276
Total Assessment
£3,758,893

zoning

Zoning Code C1-C (General Business Mixed-Use District Permitted - commercial uses such as retail, restaurants, commercial services/offices.)
C1-C (General Business Mixed-Use District Permitted - commercial uses such as retail, restaurants, commercial services/offices.)
  • Listing ID: 33999033

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 4025 Bergen Tpke, North Bergen, NJ 07047

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