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31394509
31394475

2 Corporate Pl, Piscataway, NJ 08854 For Sale

SG
NJ NJ:1649748
Marcus & Millichap - New Jersey
Marcus & Millichap - New Jersey
MR
SS
NJ NJ-2322508
Marcus & Millichap - New Jersey
AS
NJ 2566968
Marcus & Millichap - New Jersey
Listed by Marcus & Millichap - New Jersey
$12,500,000
112 days on market
Updated 13 days ago

+/-44,362 SF on 4.96AC Industrial Warehouse Piscataway NJ

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 44,362
Net Rentable (SqFt) 44,362
Units 1
Price per SqFt $282
Broker Co-Op Yes
Class B
Year Built 1973
Buildings 1
Acreage 4.960
Zoning LI-5
Investment Type Value Add
Ceiling Height 16'-20'
Loading Docks 2
Sale Condition For sale by owner

Industrial | 44,362 SqFt

Marketing description

The Geller Group at Marcus & Millichap is pleased to present for Sale and/or Lease 2 Corporate Place Piscataway, NJ. This offing represents a rare opportunity to acquire

a functional, well-located industrial asset in one of Central New Jersey’s most established and supply-constrained submarkets. The 44,362-square-foot facility, situated

on 4.96 acres, was constructed in 1973 and has been maintained to support modern industrial, distribution, and high-power operational requirements. Featuring two

exterior loading docks, 20-foot clear heights, a wet sprinkler system, and robust 3,600-amp heavy power, the property offers a versatile platform for a wide range of

industrial users, from manufacturing and assembly to specialized warehouse and technology-related operations.

The building includes 14,000 square feet of office space—31.6% of the total area—providing an ideal balance for users requiring both administrative and operational

functions under one roof. It may potentially be possible to recapture the majority of office SF and convert back to warehouse use.

The building is Zoned LI5 (Light Industrial) as the property allows for a broad range of permitted uses, enhancing long-term adaptability and tenant demand. A low 0.21

FAR, combined with 82 surface parking spaces and significant land coverage, creates optionality for outdoor storage, yard usage, or potential expansion subject to

approvals. This land-to-building ratio is a meaningful competitive advantage in a market where large, usable industrial sites are increasingly scarce.

Strategically positioned within Piscataway’s established industrial corridor, the location offers direct access to major transportation arteries, ensuring efficient regional

and interstate logistics connectivity. The immediate area benefits from proximity to I-287, Route 440, I-95/NJ Turnpike, and Port Newark/Elizabeth distribution networks,

making it an attractive choice for companies seeking to improve speed-to-market and supply chain reliability. The surrounding submarket remains one of New Jersey’s

most resilient industrial clusters, supported by strong tenant demand, limited new supply, and consistent institutional investment activity.

2 Corporate Place provides investors with a stable, functional, and highly utilitarian industrial asset with strong real estate fundamentals, competitive site

characteristics, and long-term tenant appeal. Its combination of power capacity, loading, office space, and expansion potential positions the property as a compelling

acquisition for both owner-users and investors seeking value in one of the Northeast’s premier logistics markets.

Investment highlights

Highly Functional Industrial Facility with Heavy Power Capacity.

Exceptional Land-to-Building Ratio with Expansion and Yard Potential.

Prime Location Within a Core New Jersey Logistics Hub.

Listing Contacts

SG
NJ NJ:1649748
Marcus & Millichap - New Jersey
Marcus & Millichap - New Jersey
MR
SS
NJ NJ-2322508
Marcus & Millichap - New Jersey
AS
NJ 2566968
Marcus & Millichap - New Jersey
Listed by Marcus & Millichap - New Jersey

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Additional Information

Name
Jim McGuckin
License
NJ 2082114
Title
Broker of Record
Name
Scott Geller
License
NJ:1649748
Name
Matthew De Villa Panganiban
License
2438961
Name
Michael Restrepo
License
2560939
Brokerage
Marcus & Millichap
Brokerage Phone
2017426142
Title
Associate Investments
Brokerage Address
250 Pehle Avenue
Name
Shane Sullivan
License
NJ-2322508
Brokerage
Marcus & Millichap
Title
Associate
Brokerage Address
250 Pehle Avenue
Name
Alexander Soja
License
2566968
Brokerage
Marcus & Millichap
Brokerage Phone
201-742-6147
Brokerage Address
250 Pehle Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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