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EXECUTIVE SUMMARY
Kassin Sabbagh Realty (KSR) is proud to represent 39 Progress Street a well-positioned property in a growing New Jersey market. Its location offers strong transit access and proximity to ongoing development, making it ideal for a variety of commercial or mixed-use tenants. With stable rental demand and long-term upside potential, this asset provides investors with both immediate income opportunities and future value growth. Just a short drive from Metropark Station, the location provides convenient rail service to New York City and other parts of New Jersey, while Newark Liberty International Airport is less than half an hour away.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1970 |
| Property Subtype | Warehouse | Parking Ratio | 1.5/1,000 SF |
| Building Class | C | Clear Ceiling Height | 17’5” |
| Lot Size | 3.05 AC | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 40,000 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | RI, Edison Twp | ||
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.05 AC |
| Rentable Building Area | 40,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 1.5/1,000 SF |
| Clear Ceiling Height | 17’5” |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | RI, Edison Twp |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 05-00412-01-00016-01 | Improvements Assessment | $1,150,200 |
| Land Assessment | $424,800 | Total Assessment | $1,575,000 |
PROPERTY TAXES
Parcel Number
05-00412-01-00016-01
Land Assessment
$424,800
Improvements Assessment
$1,150,200
Total Assessment
$1,575,000
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39 Progress St
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