• Little Ferry Owner-user or Investment Property For Sale - 270 US Highway 46, Little Ferry, NJ 07643

For Sale

Retail

For Sale

This property is available for sale
0.54
Acres
$1,850,000
Sale Price
  • Year Built
    1968
  • Total Building Size
    1,300 RSF
  • Overview

    Little Ferry was formed by an act of the New Jersey Legislature on September 18, 1894, from portions of Lodi Township and New Barbadoes Township, based on the results of a referendum held two days earlier. The borough was formed during the "Boroughitis" phenomenon then sweeping through Bergen County, in which 26 boroughs were formed in the county in 1894 alone. During the colonial era, the borough was the site of an important ferry crossing between the region's towns at Bergen and Hackensack, which was operated by rope on the site starting in 1659, continuing until 1826 when it was replaced by a bridge on the Bergen Turnpike. Gethsemane Cemetery, an African burial ground, was opened in 1860 and was used for interments until 1924. The site was added to the National Register of Historic Places in 1994. 361 Main Street following the Fox vault fire In the earlier 20th nearby Fort Lee on the Hudson Palisades was home to many film studios of America's first motion picture industry. On July 9, 1937, a major fire broke out in a 20th Century-Fox film storage facility in Little Ferry. Flammable nitrate film had previously contributed to several fires in film industry laboratories, studios and vaults, although the precise causes were often unknown; in the Little Ferry fire, temperatures of 100 °F (38 °C) and insufficient venting were the proximate causes. Rosie's Diner (formerly the Farmland Diner) was used in the 1970s for the filming of Bounty paper towel commercials featuring Nancy Walker as Rosie the Waitress. New Jersey Monthly magazine ranked Little Ferry 35th in its 2008 rankings of the "Best Places To Live" in New Jersey. Geography According to the United States Census Bureau, the borough had a total area of 1.67 square miles (4.32 km2), including 1.48 square miles (3.83 km2) of land and 0.19 square miles (0.50 km2) of water (11.44%). The borough borders the Bergen County municipalities of Hackensack, Moonachie, Ridgefield, Ridgefield Park, South Hackensack and Teterboro. The borough lies near the confluence of the Hackensack River and Overpeck Creek in the New Jersey Meadowlands. KW Commercial and The Elia Realty Group presents an exciting new opportunity to own an investment property in Little Ferry. This Lukoil has been here for 5+ years and has options every 5 years to renew at market rate. The current lease is $96k yearly NNN. Lease ends in September 2022 with the option for the tenant to renew at $120k year.

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Property Details

Little Ferry was formed by an act of the New Jersey Legislature on September 18, 1894, from portions of Lodi Township and New Barbadoes Township, based on the results of a referendum held two days earlier. The borough was formed during the "Boroughitis" phenomenon then sweeping through Bergen County, in which 26 boroughs were formed in the county in 1894 alone. During the colonial era, the borough was the site of an important ferry crossing between the region's towns at Bergen and Hackensack, which was operated by rope on the site starting in 1659, continuing until 1826 when it was replaced by a bridge on the Bergen Turnpike. Gethsemane Cemetery, an African burial ground, was opened in 1860 and was used for interments until 1924. The site was added to the National Register of Historic Places in 1994. 361 Main Street following the Fox vault fire In the earlier 20th nearby Fort Lee on the Hudson Palisades was home to many film studios of America's first motion picture industry. On July 9, 1937, a major fire broke out in a 20th Century-Fox film storage facility in Little Ferry. Flammable nitrate film had previously contributed to several fires in film industry laboratories, studios and vaults, although the precise causes were often unknown; in the Little Ferry fire, temperatures of 100 °F (38 °C) and insufficient venting were the proximate causes. Rosie's Diner (formerly the Farmland Diner) was used in the 1970s for the filming of Bounty paper towel commercials featuring Nancy Walker as Rosie the Waitress. New Jersey Monthly magazine ranked Little Ferry 35th in its 2008 rankings of the "Best Places To Live" in New Jersey. Geography According to the United States Census Bureau, the borough had a total area of 1.67 square miles (4.32 km2), including 1.48 square miles (3.83 km2) of land and 0.19 square miles (0.50 km2) of water (11.44%). The borough borders the Bergen County municipalities of Hackensack, Moonachie, Ridgefield, Ridgefield Park, South Hackensack and Teterboro. The borough lies near the confluence of the Hackensack River and Overpeck Creek in the New Jersey Meadowlands. KW Commercial and The Elia Realty Group presents an exciting new opportunity to own an investment property in Little Ferry. This Lukoil has been here for 5+ years and has options every 5 years to renew at market rate. The current lease is $96k yearly NNN. Lease ends in September 2022 with the option for the tenant to renew at $120k year.

  • Property Type
    Retail
  • Submarket
  • Year Built
    1968
  • Sale Price
    $1,850,000
  • Total Building Size
    1,300RSF
  • Total Acres
    0.54
  • Sale Status
    Available
  • Last updated
    Mar 28, 2022
  • Property ID
    2212347

Landlord's Sales Representative

  • Bruce Elia Jr.
    Tru Agent Real Estate