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Investment Highlights
- Property offers seamless transportation routes for regional operations
- only 40 miles from Lower Manhattan
- optimally located just 30 miles from the Port Newark/Elizabeth Marine Terminal,
Executive Summary
The Property also contains surface parking, and utility infrastructure. Access is restricted by a perimeter security gate.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 83.50 AC |
| Property Type | Land |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 83.50 AC |
1 Lot Available
Lot
| Lot Size | 83.50 AC |
| Lot Size | 83.50 AC |
The Property consists of two non-contiguous parcels comprising +\- 83.5 acres of land. Total square footage of the improvements consists of +/- 809,914 GSF.
Description
A rare opportunity to acquire a key portion of the former Somerville Depot (the Property), a GSA controlled asset that is strategically positioned in the heart of central New Jersey. The Property is optimally located just 30 miles from the Port Newark/Elizabeth Marine Terminal, the East Coast's largest and most vital logistics hub. With access via Roycefield Road and proximity to Route 206 and Interstate 287, the Property offers seamless transportation routes for regional operations and is 40 miles from Lower Manhattan. It is bordered by a mix of institutional and commercial neighbors, including Somerset County and the Veterans Administration. NOTE: The plan on the cover page of this IFB marks the approximate boundaries of the Property for illustrative purposes only.
Presented by
The Depot at Somerville
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