480 Mundet Pl - Showroom FOR SALE


Hillside, NJ 07205
$34,888,000 USD
862-256-6532
480 Mundet Pl, Hillside, NJ for Sale
$34,888,000 USD
Showroom - FOR SALE
1/23
null | Request Cap Rate

Oct '25


480 Mundet Pl
Hillside, NJ 07205


HIGHLIGHTS

  • Luxury showroom/industrial property on 3.7 acres, ideal for a film studio or woodworking plant, just five minutes from Newark Airport.
  • Key features include 30-foot ceilings, six loading docks, two drive-in doors, an EV charging station, heavy power, and extensive security measures.

OVERVIEW

480 Mundet Place is a luxury retail/industrial building on 3.7 acres. It is the finest building in the Tri-State area, with the facility's interior and exterior in immaculate condition. Newark International Airport is five minutes away, Port Newark is 10 minutes away, and Manhattan is 25 minutes away. The Teterboro Airport (TEB) is 25 minutes away, and Morristown Municipal Airport (KMMU) is 12 minutes away. Hillside, New Jersey, is a congestion-free industrial zone. There is no traffic, and it is a beautiful site. Driving customers will avoid four hours of traffic, compared with going in and out of Brooklyn and Queens. Perfect for art dealers, luxury car showrooms or rentals, film production studios, distribution, farming, manufacturing, and especially woodworking plants, with a built-in 30-foot long heated positive pressure spray booth, full metal shop, full upholstery shop, and photography studio. The building is dry and is not in a flood zone. Heavy 3-phase power at 120V, 220V, and 440V is distributed copiously throughout the building. Air and natural gas (both high-pressure and low-pressure) are also distributed throughout. The property is fully sprinkled, fully fenced, and fully alarmed with interior and exterior security cameras and perimeter lighting. 480 Mundet Place has six loading docks and two drive-in doors. The 68,500-square-foot existing building includes a 10,000-square-foot addition currently in the permitting phase. This additional 10,000 square feet can be customized to suit buyer needs. The roof is under warranty through July 2032. New HVAC systems, windows, paint, and lighting are also included. The building must be seen in person and available for viewing by appointment only. No walk-in visits are allowed.

FOR SALE DETAILS

PRICE

$34,888,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Distribution, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

17.5 Ft

DOCKS

6

DRIVE INS

2

PARKING SPACES

130

LAND DETAILS

LAND ACRES

3.7

LAND SF

161,172

ZONING

HI

APN/PARCEL ID

07-00605-0000-00011

ASK ABOUT THIS PROPERTY

Frank PollaroFlamingo Properties LLCMore Info
862-256-6532

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Frank PollaroFlamingo Properties LLCMore Info
862-256-6532

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.