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9.21 Acres Approved For Light Industrial 351 Blau Rd 9.21 Acres of Industrial Land Online Auction Sale Hackettstown, NJ 07840



INVESTMENT HIGHLIGHTS
- 351 Blau Road presents a 9.21-acre flat land parcel zoned for a flex/ light industrial infrastructure development.
- Industrial lot approved for a 20,500-square-foot light industrial/ flex structure; approved town plans will be included in the sale.
- Hackettstown is home to the US headquarters of Mars Inc., and other large employers include Inspira Health, Amazon, and Walmart.
- Midway between Interstate 80 and Interstate 78 in northwestern New Jersey, about 20 miles from the Pennsylvania state line.
- Topography is level and currently cleared, and the location enables easy access to Hackettstown’s main roads.
EXECUTIVE SUMMARY
As the exclusive advisor, Coldwell Banker Realty presents the light industrial development opportunity at 351 Blau Road in Hackettstown, New Jersey. Ideal for a seasoned developer, the 9.21-acre site has been approved by the town for a flex/light industrial development spanning 18,000 square feet along with 2,500 square feet of additional mezzanine space. For logistics/ distribution, the Lehigh Valley International Airport is 35 miles away, the New York Container Terminal is 54 miles away, and railroad transportation, such as the Bass Flemington station, is 28 miles away.
Situated on the banks of the Musconetcong River in northwestern New Jersey’s Skylands Region, Hackettstown blends suburban and rural amenities in a scenic, small-town environment. Commuting and traveling from Hackettstown is easy, with convenient access to Routes 46, 57, and 517, as well as Interstate 80. New York City and Philadelphia are both about an hour’s drive from Hackettstown.
Property operators in the Northern New Jersey market are beneficiaries of continued growth in the logistics industry. As the recent e-commerce boom has created an increased need for warehouse and distribution space, many companies have turned to New Jersey, also known as the Garden State, for its prime location in the middle of the Northeast corridor.
The Northern New Jersey market has taken steps over the past few years to offer tax incentives for new development and to make the regulatory environment more business-friendly. Looking ahead, improvements to permitting processes, more accountability in state government, lower business taxes, and increased energy production are on the market’s horizon.
Situated on the banks of the Musconetcong River in northwestern New Jersey’s Skylands Region, Hackettstown blends suburban and rural amenities in a scenic, small-town environment. Commuting and traveling from Hackettstown is easy, with convenient access to Routes 46, 57, and 517, as well as Interstate 80. New York City and Philadelphia are both about an hour’s drive from Hackettstown.
Property operators in the Northern New Jersey market are beneficiaries of continued growth in the logistics industry. As the recent e-commerce boom has created an increased need for warehouse and distribution space, many companies have turned to New Jersey, also known as the Garden State, for its prime location in the middle of the Northeast corridor.
The Northern New Jersey market has taken steps over the past few years to offer tax incentives for new development and to make the regulatory environment more business-friendly. Looking ahead, improvements to permitting processes, more accountability in state government, lower business taxes, and increased energy production are on the market’s horizon.
DATA ROOM Click Here to Access
- Purchase Agreement
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 9.21 AC |
| Property Subtype | Industrial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Zoning | LI - Light Industrial | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Sale Type | Investment |
| Total Lot Size | 9.21 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | LI - Light Industrial |
1 LOT AVAILABLE
Lot
| Lot Size | 9.21 AC | Parcel Number | 16-01301-0000-00003-04-QFARM |
| Lot Size | 9.21 AC |
| Parcel Number | 16-01301-0000-00003-04-QFARM |
351 Blau Road is a 9.21-acre, flat-level lot with approved plans for light industrial development. It is currently a cleared field with access to main roads.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
60
1 h 24 m
Philadelphia
1,584,138
71
1 h 54 m
Washington
702,455
210
4 h 43 m
Boston
694,583
265
5 h 36 m
Columbus
892,533
516
9 h 43 m
Detroit
672,662
575
10 h 47 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
120,034
Total Labor Force
67,152
Unemployment Rate
3.44%
Median Household Income
$104,863
Warehouse Employees
10,255
High School Education Or Higher
94.80%
SALE ADVISOR
Renee Turner, Sales Associate
Renee welcomes the opportunity to work with buyers and sellers to obtain their real estate goals. Let her help guide you through your real estate deals to maximize your investments!
ABOUT THE AUCTION TECHNOLOGY
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AUCTION CONTACT
Pace Zambito
Contact
Auctioneer License:
Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
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MATTERPORT 3D EXTERIOR
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PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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9.21 Acres Approved For Light Industrial | 351 Blau Rd
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