35 Rose Morrow Road Under Contract

Wantage Twp.,NJ 07461

$ 2900000

- Bed

- Bath

50339 SqFt


Key Details

Property Type Single Family Home

Listing Status Under Contract

Purchase Type For Sale

Square Footage 50,339 sqft

Price per Sqft $57

MLS Listing ID 3967336

Annual Tax Amount $38,389

Tax Year 2025

Lot Size 20.110 Acres

Property Description

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).

Location

State NJ

County Sussex

Zoning R5 Commercial

Interior

Heating Gas-Propane Leased

Cooling No Cool

Flooring Concrete

Equipment Kitchen Area, Restrooms - Public, See Remarks, Storage Area(s), Storage Tank

Exterior

Exterior Feature Aluminum,Brick,Metal

Garage Spaces 42.0

Utilities Available Electric, See Remarks

Roof Type Metal, Rubberized

Building

Lot Description Level Lot

Story 1

Sewer Septic

Water Well

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