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2 Russo Pl 11,500 SF Industrial Building Berkeley Heights, NJ 07922 $3,999,000 ($347.74/SF)

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EXECUTIVE SUMMARY

Unique offering of well maintained light industrial/flex building comprising 11,500 SF situated on 1.30 acres, with potential for expansion on contiguous undeveloped lot of 0.69 acres. Existing tenant provides a new ownership with immediate cash flow and potential for owner occupancy in the near future. The property is located approx., 2 miles from Exit 41 of I-78.

PROPERTY FACTS

Price $3,999,000
Price Per SF $347.74
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Showroom
  • FlexLight Distribution
Building Class B
Lot Size 2.00 AC
Rentable Building Area 11,500 SF
No. Stories 1
Year Built 1970
Tenancy Single
Parking Ratio 3.39/1,000 SF
Clear Ceiling Height 14’
Zoning LI, Union - Light Industrial (LI) Zone & Office Research (OR) Zone

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-01901-0000-00043
Land Assessment
$264,000
Improvements Assessment
$659,300
Total Assessment
$923,300
  • Listing ID: 37520142

  • Date on Market: 9/3/2025

  • Last Updated:

  • Address: 2 Russo Pl, Berkeley Heights, NJ 07922

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