3168 Harborside$8.88 – $10.81/SF/yr NNN
439 Raymond Blvd
1,106,800 SF industrial building at 439 Raymond Blvd, Elizabeth, NJ 07201. For Lease through the owner.
For LeaseStatus
$10.93/SFAsking rent
1940Year built
BClass
Property facts
| Property type | Industrial |
|---|---|
| Building class | B |
| Rentable area | 1,106,800 SF |
| Stories | 1 |
| Year built | 1940 |
| Renovated | 2025 |
| Typical floor | 1,106,800 SF |
| Lot size | 3.22 acres |
| Parking ratio | 3.5/1,000 SF |
| Occupancy | 100.0% |
| Zoning | MU-9 |
| Parcel ID | 34-670-7084 |
| Submarket | Port Newark / Elizabeth |
| Market | Northern New Jersey |
| Walk Score | 66 |
| Transit | Amtrak 6 min |
| Listing package | Gold |
Building amenities
Energy Star, Security System
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Westfall Legal | Education | 1 | 8,030 | 2032-07-01 |
| Lumen Biosciences | Government | 1 | 326,200 | 2025-09-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2026-02-18 | $134.79M | $121.78 | 8.06% | Uplands Realty | Yellowstone Property Fund |
| 2024-05-03 | $66.17M | $59.78 | 7.59% | Fairbridge Partners | Westbrook Equities |
| 2023-06-13 | $57.33M | $51.80 | 7.64% | Northstar REIT | James River Properties |
Public record
| Owner of record | Kestrel Investment Group LLC |
|---|---|
| Assessed value | $245.88M |
| Land value | $45.5M |
| Improvement value | $200.38M |
| Annual tax | $5.48M |
| Tax year | 2026 |
| Lot size | 140,263 SF |
| Last deed | 2021-02-16 |
| Deed type | Grant Deed |
| Legal description | LOT 16 BLK 138 PORT NEWARK / ELIZABETH ADDN |
Location
439 Raymond Blvd
Elizabeth, NJ 07201
Port Newark / Elizabeth submarket · Northern New Jersey market
40.63029, -74.14259
Open in RealStarListing package
Gold — Elevated placement above Silver.
Elevated placement, larger search card with a hero image, floor-plan uploads, syndication to partner marketplaces and weekly lead alerts.
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Explore this market
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.