248 Stickles Pond Road presents an exceptional industrial development opportunity on 68 prime acres just outside of the Highland area in pro-development Newton, New Jersey. There are approved plans for a Class A warehouse building totaling over 650,000 square feet, plus additional space for future development. The site benefits from the NJ PILOT (payment in lieu of taxes) program, offering an estimated $40 million in tax savings over 30 years.
With land partially cleared, township approvals secured, environmental and preliminary engineering assessments completed, and a streamlined entitlement process, the development is primed for rapid development and strong ROI. Plans for 248 Stickles Pond Road feature a 50-foot ceiling clear height, 130 loading dock positions, and over 3,000 amps of electric power. The development can be delivered turnkey or customized to suit exacting needs, with alternate conceptual plans available for maximum flexibility.
Strategically situated just 1,000 feet from Highway 206 and 9 miles from Interstate 80, the site ensures hassle-free access to major metropolitan markets, such as New York City and Allentown, Pennsylvania. Key logistics hubs are only moments away, including the Newark International Airport (48 miles), the Port of Newark (50 miles), and the Port of Philadelphia (93 miles). Operating businesses can serve 38 million customers within a two-hour drive and access 40% of the US population within a day.
Available for purchase with optional build-to-suit and leaseback opportunities, this is a rare opportunity to secure a high-performing industrial asset within reach of the New York City metropolitan area.