700 Pennsylvania Ave - Warehouse FOR SALE


Lyndhurst, NJ 07071
$5,495,000 USD
973-809-9426
700 Pennsylvania Ave, Lyndhurst, NJ for Sale
$5,495,000 USD
Warehouse - FOR SALE
1/10
null | 4.14% Cap Rate

Sep '26


700 Pennsylvania Ave
Lyndhurst, NJ 07071


HIGHLIGHTS

  • Located in Lyndhurst’s industrial corridor with convenient access to major highways, including the New Jersey Turnpike and Route 3.
  • Positioned within close proximity to the Meadowlands Sports Complex and Newark Liberty International Airport, supporting logistics/distribution ops.
  • Features a single-story industrial building constructed in 1956, providing a functional layout for various operational needs.
  • Situated in Bergen County, a well-established business hub with strong transportation infrastructure and access to a skilled labor force.

OVERVIEW

The building on this site is currently occupied by 3 demised commercial tenants. All leases terminate on 9/30/26. Total annualized rent is currently $227,556 with a cap rate of 4.14%. While the cap rate is low, this is an extremely rare property in Lyndhurst, NJ and probably best used by an end user or a developer to convert to residential housing. Such a change in zoning would be welcome by the community and should be easily achieved. Interested parties should contact Richard Leal, at 973-809-9426, the Skylemar Inc. representative for access to the building. Additionally, this site has access from Rail with its own switch that is active via NJ Transit in coordination with Norfolk Southern. Realtors are welcome and protected pending an agreed to and valid purchase price.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

4.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

4

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.21

LAND SF

52,708

ZONING

S-1

APN/PARCEL ID

32-00103-0000-00001

ASK ABOUT THIS PROPERTY

Richard LealAstor RealtyMore Info
973-809-9426

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Richard LealAstor RealtyMore Info
973-809-9426

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