160 Belmont LLC Purchases 12,000 Square Foot Industrial Property In Bergenfield For $2.7M

A 12,000-square-foot industrial/flex building at 41 Woodbine Street in Bergenfield has been sold for $2.7 million. The property features clear ceiling heights of 12’6”, two loading docks, and includes 540 square feet of office space, along with 25 parking spaces. The buyer, 160 Belmont, LLC, intends to utilize the space for manufacturing signs and trade show materials, indicating a continued demand for flexible properties in northern New Jersey.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,700,000
• Square Footage: 12,000
• Address: 41 Woodbine Street
• Market: Bergenfield
• Buyer: 160 Belmont, LLC
• Seller: RLR Corporation
• Broker: Dominic Fittizzi - NAI James E. Hanson
• Building Features: 12’6” clear ceiling heights, two loading docks, 540 square feet of office space, 25 parking spaces
• Price per Square Foot: $225

Dominic Fittizzi from NAI James E. Hanson represented the buyer, 160 Belmont, LLC, in the transaction. The deal reflects ongoing interest and activity within the industrial sector despite a noted slowdown in the overall market.