2 Carlton Avenue

East Rutherford, New Jersey 07073
Sold
$10,000,000

Property Description

B6 Real Estate Advisors, as the exclusive broker, is proud to present the fee simple sale of 2 Carlton Avenue in East Rutherford, NJ (the “Property”). The Property is a 177,000 square-foot industrial office complex located on a six-acre plot of land. The complex is currently leased by Star Glo Industries. The Property is conveniently located on the corner of Carlton Avenue and Lois Lane. Adjacent to the Property is a future Green Acres development along Morton Street. Future development plans are to turn this park into an active recreational space including athletic fields, a playground, a dog park, walkways and amenities. Memorial Park is located one block away from the Property. The park is home to eight baseball / softball diamonds, six tennis courts, picnic area, Tryon Field (lighted track, football / soccer stadium), and three playgrounds. Memorial Park also hosts many programs and activities throughout the year. The new Central & Oak Apartments are located approximately a mile east of the Property bounded by Central Avenue, Oak Street, Paterson Avenue, and the NJ Transit train tracks. Central & Oak consists of 208 residential units that have more of a townhouse feeling to them. Construction was completed in 2020.

Building Details

Property Type
Warehouse/Industrial Space
Lot Area
261,360 SF
Total Building Size
177,000
Year Built
1950
Yanni Marmarou
Managing Partner
Name(Required)

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