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27-33 Franklin Turnpike

Off-Market

27 Franklin Turnpike, Mahwah, NJ 07430

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 42,417 SF
  • Lot Size 3.7 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1945

Location

  • City Mahwah, NJ
  • Neighborhood Mahwah
  • Zip Code 07430
  • 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 11 Oct, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Mahwah

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 Mahwah Office Market

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

  • 2020 Avg. Asking Rent $29.24
  • 2020 Office Vacancy Rate 12.96%
  • 2020 Office Completions (SF)
View more Mahwah market trends

Tax

  • Property Tax in 2022 $60,100
  • Market Value* $3,080,500
  • Assessed Value $3,080,500

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 27-33 Franklin Turnpike?

27-33 Franklin Turnpike totals 42,417 square feet.

When was this property built?

27-33 Franklin Turnpike was built in 1945.

When was 27-33 Franklin Turnpike last sold?

27-33 Franklin Turnpike was last sold on 11 Oct, 2019.

What is the property tax for 27-33 Franklin Turnpike?

The property tax for 27-33 Franklin Turnpike in 2022 was $60,100.

What is the market value for 27-33 Franklin Turnpike?

The market value* for 27-33 Franklin Turnpike in 2022 was $3,080,500.
*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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