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35 Technology Drive, Warren, NJ, 07059

$6,999,000

35 Technology Drive, Warren, NJ 07059

Active
Last Updated: 05/20/2025

6.8 acres

Lot Area

Technology

MlsNumber

Details:
Lot Area:    6.8 acres
MlsNumber:    Technology
Description:

Two-story Class B office building that is currently configured into three units and has a gross building area of 107,483 square feet. Over 6.68 Acres of land, Current. Zoning; General Office, Research Labs, Warehousing, Data Centres, Schools, Medical Office, Catering Facility, Fabrication, Other Uses. Seller completed a $380K improvement program of both the building lobby and white boxing, the second floor, which will lead to increased leasing activity. 44% of the building leased. Loading dock at side of the building.

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Today's Available Mortgage Rates

35 Technology Drive, Warren, New Jersey 07059

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Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 05/31/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$25,157 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $3,919,440 Loan Amount
Details
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$25,014 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $3,849,450 Loan Amount
Details
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$25,251 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $3,849,450 Loan Amount
Details
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