3220 Bordentown Ave, Old Bridge, Nj 08857

INDUSTRIAL PROPERTY FOR SALE 3220 BORDENTOWN AVE, OLD BRIDGE, NJ 08857

presented by

Jonathan Glick Executive Vice President (O) 973.325.6200 Ext.120 (C) 908.568.7188 [email protected]

Matthew Leonelli Sale Representative (O) 973.325.6200 Ext.118 (C) 908.220.9861 [email protected]

SHELDON GROSS REALTY, INC. Exclusive Broker 80 MAIN STREET, WEST ORANGE, NJ 07052 | SHELDONGROSSREALTY.COM

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereofandsame is submitted subject to errors, omissions, change of price, rental, prior sale, lease, financing, withdrawal without notice or other conditions. INDUSTRIAL PROPERTY PROPERTY FOR FOR SALE SALE OLD BRIDGE, NJ 08857

TABLE OF CONTENTS

CONTENTS CONFIDENTIALITY & DISCLAIMER

PROPERTY OVERVIEW 3 All materials and information received or derived from Sheldon Gross Realty, Inc. its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without LOCATION INFORMATION 7 representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial PRESENTED BY: performance of the property for any party’s intended use or any and all other matters.

JONATHAN GLICK Neither Sheldon Gross Realty, Inc. its directors, officers, agents, advisors, or affiliates makes Executive Vice President any representation or warranty, express or implied, as to accuracy or completeness of the any O: 973.325.6200 x120 materials or information provided, derived, or received. Materials and information from any C: 908.568.7188 source, whether written or verbal, that may be furnished for review are not a substitute for a E: [email protected] party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Sheldon Gross Realty, Inc. will not investigate or verify anysuch matters or conduct due diligence for a party unless otherwise agreed in writing. MATTHEW LEONELLI EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Sale Representative O: 973.325.6200 x118 Any party contemplating or under contract or in escrow for a transaction is urged to verify all C: 908.220.9861 information and to conduct their own inspections and investigations including through E: [email protected] appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Sheldon Gross Realty, Inc. makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Sheldon Gross Realty, Inc. does not serveasa financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Sheldon Gross Realty, Inc. in compliance with all applicable fair housing and equal opportunity laws.

SHELDON GROSS REALTY, INC. 2

SECTION 1

SHELDON GROSS REALTY, INC. Exclusive Broker 80 MAIN STREET, WEST ORANGE, NJ 07052 | SHELDONGROSSREALTY.COM

PROPERTY DETAILS

BUILDING INFORMATION Sale Price $7,155,000 Occupancy % 100.0%

Tenancy Multiple PROPERTY INFORMATION Building Size 47,700 SF Property Type Industrial Lot Size 9.94 AC Zoning SD3 Construction Masonry & Steel Manufacturing Floor Concrete Permitted Uses Storage Equipment Repair Heat Gas Block/Lot 5001/7.12 Number of Cranes 2 (3 Ton & 4 Ton) Ceiling Height 14'-16' FINANCIAL INFORMATION Loading Docks 3 NOI NDA Required Drive In Doors 7 Taxes (2020) $91,137 Fire Suppression Partial Dry/Partial Wet Building Insurance $8,460 ($0.18 SF/Year) Office Space 5,600 SF City Water/Septic Utilities Gas & Electric Number of Floors 1 Built 1983 Year Built Renovated 1990

SHELDON GROSS REALTY, INC. 4

PROPERTY OVERVIEW

PROPERTY OVERVIEW 3220 Bordentown Ave. is a 47,700 sf heavy industrial building positioned on 9.94 Acres of land with permitted outdoor storage. Zoning allows for parking of cars, trucks, equipment or storage of materials. This property offers a new owner the opportunity to collect rent on day one and occupy spaces as they come available.

The property is currently occupied by 4 industrial tenants with various terms and expiration dates (Additional Financial Info will be provided upon execution of an NDA).

There is a 75' Easement running across a portion of the site (See Site Plan and Tax Map). No permanent structure may be built on the easement, but storage is permitted as long as the stored equipment or material is able to be moved.

There is an Existing Detention Basin on the site which temporarily stores storm water runoff, thereby reducing the peak rate of runoff to a stream or storm sewer.

PROPERTY HIGHLIGHTS - Each tenant separately metered for gas and electric - Secured Fenced Yard - Most of Yard consists of concrete surfaces or gravel - 3 ton and 4 ton Crane - Exhaust extraction system

SHELDON GROSS REALTY, INC. 5

PROPERTY OVERVIEW SITE PLAN

SHELDON GROSS REALTY, INC. 6

SECTION 2

SHELDON GROSS REALTY, INC. Exclusive Broker 80 MAIN STREET, WEST ORANGE, NJ 07052 | SHELDONGROSSREALTY.COM

LOCATION INFORMATION TOWNSHIP OVERVIEW

LOCATION OVERVIEW Old Bridge Township is located in the southern part of Middlesex County. It is one of the largest townships in New Jersey consisting of +/-40.9 square acres. Old Bridge is adjacent to East Brunswick Township, Spotswood Township, Helmetta Township, Jamesburg Borough and Monroe Township to the west, Sayreville Township to the north, the City of South Amboy to the east and Englishtown to the south. To the south, it is adjacent to the Monmouth County towns of Marlboro Township, Manalapan Township, Matawan and Keyport.

Estimated Travel distances to key landmarks are:

1. Route 9 & Perrine Road 1.5 miles 2. Route 18 & Bordentown Ave 3 miles 3. New Jersey Turnpike Exit 9 7 miles 4. New Jersey Turnpike Exit 10 8.5 miles 5. New Jersey Turnpike Exit 11 8 miles 6. Outerbridge Crossing Perth Amboy 10 miles 7. Port Elizabeth 28 miles 8. Lincoln Tunnel Weehawken 32 miles / 37 minutes 9. Holland Tunnel Jersey City 34 miles 10. Newark Liberty Int’l Airport 21 miles

SHELDON GROSS REALTY, INC. 8

LOCATION INFORMATION LOCATION MAP

SHELDON GROSS REALTY, INC. 9

LOCATION INFORMATION TAX MAP

SHELDON GROSS REALTY, INC. 10

LOCATION INFORMATION ZONING MAP

SHELDON GROSS REALTY, INC. 11

80 MAIN STREET All information furnished regarding property for sale, rental or financing is from WEST ORANGE, NJ 07052 sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, SHELDONGROSSREALTY.COM rental, prior sale, lease, financing, withdrawal without notice or other conditions. . ..., . . .. '., ...... , .. vI ,1 ' . ! Il �:.,..":;, , . • ' . 3 I l i 4 ·-· " ---,· ----� t . .. - . . . ' ., I �ll.. , I·l --- i ,f J, I I, "'L • • l i .. I I ", I ' ' .' • .:i ' "\. ..i ' 5 ,·. !I "• I l • ,. " J h.ld ·,I I I! ·•-··L-i 71 I , ;,L I . j, • • I, - \"Jl,JJ I' I I 'I ,,• : .I i 1 l

.. lo ,1 1 • ;1 \.•..... , • =· • r· • 2 ' ,. • ·�I ....�, l I 1 �-,I • t, j • ·,1 .. ...�, '

-.A t, , l ...... I I I �--• ..... ! 1 1· ".. Ii

,.. 1 : ....:J .... ' " 1·. ,''