The Reel

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A blog for breaking sales and neighborhood real estate news.

An industrial property at 3087 Route 22, located within North Branch in the municipality of Branchburg, New Jersey, was sold in an all-cash transaction valued at $1,360,000.

The property consists of a 7.18 acre parcel of land with a 45,376 square foot one-story industrial building. The site is located within close proximity to Highways 202 and 22, Trans-Bridge bus line, and New Jersey Transit. The sale price equates to $30 per square foot.

“The buyer is a local user who will be retro-fitting the building for his growing business. This trade shows that the industrial market is still strong in Branchburg and along the Route 22 corridor,” said Massey Knakal Director of Sales Kobi Leifer who exclusively handled this transaction with CEO Paul J. Massey Jr.

Click here for press release

Neighborhoods: Other/ Agents: Paul Massey Jr.