973-828-0955
31 Farinella Dr, East Hanover, NJ for Sale
Warehouse - FOR SALE
1/10
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31 Farinella Dr
East Hanover, NJ 07936


HIGHLIGHTS

  • 31 Farinella Drive presents a newly-built 48,235 SF warehouse facility with office, ideal for owner/users or investors in Morris County, New Jersey.
  • Flexible Industrial-3 zoning allows for warehouse, R&D, data center, education, self-storage, and other versatile commercial uses.
  • State-of-the-art facility is equipped with 28' ceiling heights, five truck-level doors with dock levelers, robust power capacity, and ample parking.
  • Strategic location off Route 10 with quick access to Interstates 80, 280, and 287, just 10 minutes from Morristown Airport and 30 minutes to Newark.

OVERVIEW

31 Farinella Drive, developed by New Vernon Equities, presents a prime opportunity to acquire a brand-new, state-of-the-art industrial facility in East Hanover, New Jersey. Spanning a 40,035-square-foot warehouse with 8,250 square feet of dedicated office space, it combines operational efficiency with modern design. Sitting on a 3.1-acre lot with flexible Industrial-3 zoning, expanding the potential uses, from warehouse and light industrial to research and development, data centers, education facilities, and self-storage. With 28-foot clear ceiling heights, five truck-level doors, each equipped with 40,000-pound mechanical dock levelers, 1,600-amp, 480-volt, 3-phase power, ESFR fire suppression, emergency lighting, and nearly 100 parking spaces, the facility is built to support various business operations. 31 Farinella Drive is ideal for investors and owner/users offering value-add, functionality, and long-term adaptability. Located in East Hanover's industrial area, 31 Farinella Drive offers excellent connectivity. It sits just off the Route 10 corridor, providing seamless access to major highways including Interstates 80, 280, and 287, ensuring efficient logistics and regional distribution. Downtown Newark can be reached in just 30 minutes, while Morristown Airport is a short 10-minute drive, offering valuable regional and corporate travel options. Surrounding amenities include national retailers such as Target, Costco, and The Home Depot, as well as an AMC movie theater nearby, offering dining, shopping, and services. Neighboring biopharma and advanced manufacturing facilities underscore the strength and diversity of the area’s commercial landscape. East Hanover stands as a dynamic suburban market known for its strong demographics, skilled labor force, and access to the broader New Jersey-New York metropolitan area. With its advanced infrastructure, strategic location, and access to consumers, 31 Farinella Drive represents a highly attractive industrial asset for owner/users and investors.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

R&D, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

5

DRIVE INS

1

PARKING SPACES

97

LAND DETAILS

LAND ACRES

3.1

LAND SF

135,036

ZONING

I3

APN/PARCEL ID

10-00099-0000-00007-05

ASK ABOUT THIS PROPERTY

Michael MackessyNew Vernon EquitiesMore Info
973-828-0955

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Michael MackessyNew Vernon EquitiesMore Info
973-828-0955

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.