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15 Progress Street

Off-Market

15 Progress Street, Edison, NJ 08820

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  • Property Type Industrial - Manufacturing
  • Property Size 27,043 SF
  • Lot Size 1.47 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1982

Location

  • City Edison, NJ
  • Zip Code 08820
  • Market New Jersey

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 15 Jun, 1989
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Edison

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Edison Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $34.81
  • 2020 Office Vacancy Rate 18.26%
  • 2020 Office Completions (SF)
View more Edison market trends

Tax

  • Property Tax in 2021 $52,788
  • Market Value* $937,800
  • Assessed Value $937,800

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 15 Progress Street?

15 Progress Street totals 27,043 square feet.

When was this property built?

15 Progress Street was built in 1982.

When was 15 Progress Street last sold?

15 Progress Street was last sold on 15 Jun, 1989.

What is the property tax for 15 Progress Street?

The property tax for 15 Progress Street in 2021 was $52,788.

What is the market value for 15 Progress Street?

The market value* for 15 Progress Street in 2021 was $937,800.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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