Basic Details
- Date added: Added 1 month ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
154,240 SF 4-Star Industrial Building Garfield, NJ 07026 For Sale
A premier Garifield location that is close proximity to Route 21, 46 and 17. This property is uniquely located to provide a broad supply chain solution for both Northern Jersey and NYC and is well positioned for any last mile ecommerce use.290?River?Drive is a major, modern industrial development in northern New Jersey, offering a large, high-ceiling warehouse, efficient infrastructure, and tax advantages thanks to a PILOT plan. Its proximity to highways, transit, and utilities makes it ideal for logistics or distribution use. Buyers or tenants should, however, evaluate flood management strategies and any environmental remediation needs.
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Property Details
- Year built: 2025
- Sale Type: Investment or Owner User
- Lot Size: 6.83 AC
- Building Class: A
- Property Subtype: Warehouse
- Parking Ratio: 0.57/1,000 SF
- Tenancy: Single
- Opportunity Zone: Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Highlights
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- Zoned industrial; backed by a 20-year PILOT tax abatement agreement
- Industrial warehouse/distribution property under development
Property Taxes
- Parcel Number: 21-00050-01-00001
- Land Assessment: $913,000
- Improvements Assessment: $86,500
- Total Assessment: $999,500
Agent
William Waxman
Cushman & Wakefield Inc
Mindy Lissner
Cushman & Wakefield Inc
Jeff Volpi
Cushman & Wakefield Inc
Location
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