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480 Mundet Pl

68,542 SF Industrial Building Hillside, NJ 07205 £27,561,868 (£402/SF)

Investment Highlights

  • Luxury showroom/industrial property on 3.7 acres, ideal for a film studio or woodworking plant, just five minutes from Newark Airport.
  • Key features include 30-foot ceilings, six loading docks, two drive-in doors, an EV charging station, heavy power, and extensive security measures.

Executive Summary

480 Mundet Place is a luxury retail/industrial building on 3.7 acres. It is the finest building in the Tri-State area, with the facility's interior and exterior in immaculate condition. Newark International Airport is five minutes away, Port Newark is 10 minutes away, and Manhattan is 25 minutes away. The Teterboro Airport (TEB) is 25 minutes away, and Morristown Municipal Airport (KMMU) is 12 minutes away. Hillside, New Jersey, is a congestion-free industrial zone. There is no traffic, and it is a beautiful site. Driving customers will avoid four hours of traffic, compared with going in and out of Brooklyn and Queens.

Perfect for art dealers, luxury car showrooms or rentals, film production studios, distribution, farming, manufacturing, and especially woodworking plants, with a built-in 30-foot long heated positive pressure spray booth, full metal shop, full upholstery shop, and photography studio. The building is dry and is not in a flood zone.

Heavy 3-phase power at 120V, 220V, and 440V is distributed copiously throughout the building. Air and natural gas (both high-pressure and low-pressure) are also distributed throughout. The property is fully sprinkled, fully fenced, and fully alarmed with interior and exterior security cameras and perimeter lighting. 480 Mundet Place has six loading docks and two drive-in doors.

The 68,500-square-foot existing building includes a 10,000-square-foot addition currently in the permitting phase. This additional 10,000 square feet can be customized to suit buyer needs. The roof is under warranty through July 2032. New HVAC systems, windows, paint, and lighting are also included. The building must be seen in person and available for viewing by appointment only. No walk-in visits are allowed.

Sale Flyer

Property Facts

Price £27,561,868
Price Per SF £402
Sale Type Investment or Owner User
Sale Conditions Portfolio Sale
Property Type Industrial
Property Subtype
Showroom
  • Industrial Distribution
  • OfficeLoft Creative Space
Building Class C
Lot Size 3.70 AC
Construction Status Under Renovation
Rentable Building Area 68,542 SF
Number of Floors 2
Year Built/Renovated 1969/2025
Tenancy Single
Parking Ratio 1.9/1,000 SF
Clear Ceiling Height 17 ft 6 in
No. Dock-High Doors/Loading 6
Level Access Doors 2

Amenities

  • 24 Hour Access
  • Atrium
  • Conferencing Facility
  • Fenced Lot
  • Fitness Centre
  • Front Loading
  • Mezzanine
  • Restaurant
  • Security System
  • Signage
  • Roof Lights
  • Yard
  • Accent Lighting
  • EPC - A
  • Reception
  • Storage Space
  • Car Charging Station
  • Recessed Lighting
  • Fluorescent Lighting
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score ®
Very Walkable (74)
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.®

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
24
0 h 42 m
Philadelphia
1,584,138
81
1 h 43 m
Washington
702,455
214
4 h 25 m
Boston
694,583
227
4 h 48 m
Columbus
892,533
548
10 h 17 m
Detroit
672,662
609
11 h 23 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
2,047,286
Total Labor Force
1,048,099
Unemployment Rate
4.40%
Median Household Income
$77,161
Warehouse Employees
158,520
High School Education Or Higher
88.40%
$ values in USD

Nearby Amenities

Restaurants

Wendy's - - 9 min walk
McDonald's - - 9 min walk
Domino’s - - 11 min walk
Dunkin' Cafe - 13 min walk

Retail

ShopRite Supermarket 5 min walk
MetroPCS Wireless Communications 9 min walk
Citizens Bank 10 min walk
United States Postal Service Business/Copy/Postal Services 11 min walk
Ace Hardware Hardware 12 min walk

Hotels

Hampton by Hilton
191 rooms
6 min drive
Ramada
349 rooms
7 min drive
Best Western Plus
83 rooms
7 min drive

zoning

Zoning Code HI (Industrial)
HI (Industrial)

Sale Advisor

Sale Advisor

(973) 477-4931
Contact
Frank Pollaro, President and Chief Executive Officer
(973) 477-4931
Contact
Frank Pollaro is the President and Chief Executive Officer of Flamingo Properties LLC. He has over three decades of luxury craft experience. Frank is based in Northern Jersey.
  • Listing ID: 27655819

  • Date on Market: 01/02/2023

  • Last Updated:

  • Address: 480 Mundet Pl, Hillside, NJ 07205

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