for sale or lease owner occupant ......for sale or lease owner occupant opportunity borough of...

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FOR SALE OR LEASE OWNER OCCUPANT OPPORTUNITY Borough of Washington, Warren County NJ PROPERTY DESCRIPTION Recently renovated two story multi-tenant light industrial property consisting of a 24,850 SF building on 1.38 acres with ample parking. Recent improvements paving, landscaped, new roof, triple insulated windows, overhead garage doors, sprinkler system and 3 phase electric service served by JCP&L gas, city water & sewer. DEMOGRAPHICS 2020 PROJECTION 2 Mile Radius Population 11,476 Median HH Income $86,440 Average HH Income $105,388 Median Age 41.2 Total Households 4,772 Daytime Population 6,923 3 Mile Radius Population 14,095 Median HH Income $89,843 Average HH Income $109,520 Median Age 42.1 Total Households 5,754 Daytime Population 8,078 5 Mile Radius Population 25,644 Median HH Income $89,889 Average HH Income $111,811 Median Age 43.9 Total Households 10,462 Daytime Population 13,639 LOCATION 51 Willow Street Washington, NJ 07882 Lots 54 & 57.03 in Block 100 AVAILABLE FOR LEASE 4,000 SF (divisible) OFFERING PRICE FOR PURCHASE $2,000,000 “where is, as is” - all cash upon closing REAL ESTATE TAXES $31,748.50 for 2019 RENTAL RATE $8.50 psf modified gross, plus all utilities ZONE – I – Industrial District Permitted uses include “offices of business and professional uses, research laboratories and selected industrial and manufacturing uses”. HIGHLIGHTS Four loading docks; ±12’ ceiling height; 0.2 miles from State Highway Route 31 and Route 57. Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified, and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. www.SilbertRealEstate.com REALTY & MANAGEMENT COMPANY, INC. SILBERT 152 Liberty Corner Road, Suite 203, Warren, NJ 07059 908-604-6900 908-604-2030 fax Website: www.silbertrealestate.com • Email: [email protected] FOR ADDITIONAL INFORMATION OR INSPECTION CONTACT: Joel Tomlinson Ass’t VP Retail Brokerage 908.604.6900 x 108 [email protected]

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Page 1: FOR SALE OR LEASE OWNER OCCUPANT ......FOR SALE OR LEASE OWNER OCCUPANT OPPORTUNITY Borough of Washington, Warren County NJ PROPERTY DESCRIPTION Recently renovated two story multi

FOR SALE OR LEASEOWNER OCCUPANT OPPORTUNITY

Borough of Washington, Warren County NJ

PROPERTY DESCRIPTIONRecently renovated two story multi-tenant light industrial property consisting of a 24,850 SF building on 1.38 acres with ample parking. Recent improvements paving, landscaped, new roof, triple insulated windows, overhead garage doors, sprinkler system and 3 phase electric service served by JCP&L gas, city water & sewer.

DEMOGRAPHICS 2020 PROJECTION2 Mile Radius Population 11,476Median HH Income $86,440Average HH Income $105,388Median Age 41.2Total Households 4,772Daytime Population 6,923

3 Mile RadiusPopulation 14,095Median HH Income $89,843Average HH Income $109,520Median Age 42.1Total Households 5,754Daytime Population 8,078

5 Mile RadiusPopulation 25,644Median HH Income $89,889Average HH Income $111,811Median Age 43.9Total Households 10,462Daytime Population 13,639

LOCATION51 Willow StreetWashington, NJ 07882Lots 54 & 57.03 in Block 100

AVAILABLE FOR LEASE4,000 SF (divisible)

OFFERING PRICE FOR PURCHASE$2,000,000 “where is, as is” - all cash upon closing

REAL ESTATE TAXES$31,748.50 for 2019

RENTAL RATE$8.50 psf modified gross, plus all utilities

ZONE – I – Industrial DistrictPermitted uses include “offices of business and professional uses, research laboratories and selected industrial and manufacturing uses”.

HIGHLIGHTS Four loading docks; ±12’ ceiling height; 0.2 miles from State Highway Route 31

and Route 57.

Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified, and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior

sale, lease or financing, or withdrawal without notice.

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152 Liberty Corner Road, Suite 203, Warren, NJ 07059908-604-6900 • 908-604-2030 fax

Website: www.silbertrealestate.com • Email: [email protected]

FOR ADDITIONAL INFORMATION OR INSPECTION CONTACT:

Joel TomlinsonAss’t VP Retail Brokerage

908.604.6900 x 108 [email protected]

Page 2: FOR SALE OR LEASE OWNER OCCUPANT ......FOR SALE OR LEASE OWNER OCCUPANT OPPORTUNITY Borough of Washington, Warren County NJ PROPERTY DESCRIPTION Recently renovated two story multi

51 WILLOW STREET WASHINGTON, NJ

Page 3: FOR SALE OR LEASE OWNER OCCUPANT ......FOR SALE OR LEASE OWNER OCCUPANT OPPORTUNITY Borough of Washington, Warren County NJ PROPERTY DESCRIPTION Recently renovated two story multi

51 WILLOW STREET WASHINGTON, NJ – SITE PLAN

TAX MAP LOT 54

TOTAL LOT AREA 1.23 ACRES

TAX MAP LOT 57.03

TOTAL LOT AREA 0.15 ACRES

Page 4: FOR SALE OR LEASE OWNER OCCUPANT ......FOR SALE OR LEASE OWNER OCCUPANT OPPORTUNITY Borough of Washington, Warren County NJ PROPERTY DESCRIPTION Recently renovated two story multi

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Page 5: FOR SALE OR LEASE OWNER OCCUPANT ......FOR SALE OR LEASE OWNER OCCUPANT OPPORTUNITY Borough of Washington, Warren County NJ PROPERTY DESCRIPTION Recently renovated two story multi

51 WILLOW STREET WASHINGTON, NJ

Page 6: FOR SALE OR LEASE OWNER OCCUPANT ......FOR SALE OR LEASE OWNER OCCUPANT OPPORTUNITY Borough of Washington, Warren County NJ PROPERTY DESCRIPTION Recently renovated two story multi

51 WILLOW STREET WASHINGTON, NJ

VIEW OF FRONT

VIEW OF REAR

VIEW OF REAR

INTERIOR LIGHT INDUSTRIAL SPACE

±12’ CEILING