Property

Wantage Twp., NJ 07461 35 Rose Morrow Road

Pending
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Presented By: KRUMPFER REALTY GROUP; 973-293-0085
  • MLS# 3967336
  • 06/04/2025
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 2
  • SQFT • 50,339
  • Garage • 42

Home Details

Rare opportunity to purchase a very large warehouse on 20+ acres within Sussex County, NJ with a FAVORABLE CAP RATE. The building, surrounded by residential/agricultural, features over 50,000 square feet of space, all which is connected internally; 45,000+ square feet on the ground floor plus 4,000+ mezzanine. The main warehouse is located in the rear. Don't let the outside pictures fool you. The inside is impressive. Over 35,000+ square feet is open warehouse space with ceilings up to 23' (see floorplans), plus 10,000+ square feet of storage/office/kitchen/restroom space. Loading docks include both flush and drive-in. The current Tenant (lawn care equipment) has been in business for nearly 50 years with a lease into 2029 and 3.0% annual increases. Past uses include Manufacturing, Packaging/Repackaging, Warehousing, and Distribution of Equipment, Products, Food, and Distillery. Zoning permitted uses are vast (see ordinance).
Presented By: KRUMPFER REALTY GROUP; 973-293-0085

Interior Features for 35 Rose Morrow Road

Bathrooms

Half Baths2

Other Interior Features

Price Per Sq Ft57.61
Available Sq Ft50339
FlooringConcrete
Fuel TypeGas-Propane Leased
Total Stories1

General for 35 Rose Morrow Road

Cap Rate8.50
ConstructionBrick/Block, Metal Frame
CoolingNo Cool
CountySussex
DirectionsFrom Route 23 in Sussex Township, take Route 284N 3.5 miles, left on Rose Morrow Road 1/2 mile to #35 on left
Documents AvailableBuilding Plans, Leases
DriveBlacktop, Fencing, Off-Street Parking, Parking Lot-Exclusive
EasementUnknown
Equipment AvailableKitchen Area, Restrooms - Public, See Remarks, Storage Area(s), Storage Tank
Farm AssessmentNo
Garage Spaces42
Gross Income274989
HeatingMulti-Zone
Leasable Area6500
LocationSee Remarks
Net Operating Income225600
Number Of Units Total1
Operating Expense49389
OwnershipFee Simple
Permitted UseWarehouse, Distribution, Industrial, Manufacturing
PossessionAt Closing
Prior UseDistribution
Property TypeIndustrial Complex - Light, Manufacturing, See Remarks
Property TypeSee Remarks
RoofMetal, Rubberized
ServicesCable TV, Internet Available
SewerSeptic
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount38389
Tax Assessed Value1300000
Tax Lot5
Tax Year2025
Town #2826
TownshipWantage Twp.
UtilitiesElectric, See Remarks
Utilities Paid ByTenant
Year Built9999
ZoningR5 Commercial

Exterior for 35 Rose Morrow Road

Building Area Total50339
Exterior DescriptionAluminum, Brick, Metal
Lot Dimensions20.11 AC
Lot FeaturesLevel Lot
Lot Size Acres20.11
Max Ceiling Height23
Max Door Height14
Number of Bays16
Number of Docks6
Number of Doors7
Total Parking42
Water SourceWell

Additional Details

Price History

Tina Torres

Broker/Owner
Price $2,900,000
MLS#3967336
List Date 06/04/2025
Property Type Pending
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