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234 Pierson Avenue

Off-Market

234 Pierson Avenue, Edison, NJ 08837

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  • Property Type Industrial - Flex - Industrial
  • Property Size 90,865 SF
  • Lot Size 12.75 Acre
  • Parking Spaces Avail. 244
  • Parking Ratio 2.69/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1952

Location

  • City Edison, NJ
  • Neighborhood Edison
  • Zip Code 08837
  • 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 14 Aug, 1986
  • 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 $601,379
  • Market Value* $10,683,600
  • Assessed Value $10,683,600

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 234 Pierson Avenue?

234 Pierson Avenue totals 90,865 square feet.

When was this property built?

234 Pierson Avenue was built in 1952.

When was 234 Pierson Avenue last sold?

234 Pierson Avenue was last sold on 14 Aug, 1986.

What is the property tax for 234 Pierson Avenue?

The property tax for 234 Pierson Avenue in 2021 was $601,379.

What is the market value for 234 Pierson Avenue?

The market value* for 234 Pierson Avenue in 2021 was $10,683,600.
*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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