A former Coatings Manufacturing location in Howell was sold for $1.2 million, Sheldon Gross Realty announced last week.
A junk removal company purchased the 3.06-acre industrial property at 98 Industrial Court in a deal brokered by Sheldon Gross.
“For a company that transports junk, it’s difficult to envision a better property,” said Sales Representative Matt Leonelli. “The building is an ideal fit, and the lot is large enough to easily accommodate significant on-site storage.”
The property includes a 7,000-square-foot structure with additional outdoor storage options. According to Sheldon Gross, the unnamed buyer paid $171 per square foot to acquire the site.
“[T]he Monmouth County address provides quick access to every part of New Jersey, as well as to New York and Philadelphia,” Leonelli added of the property that is immediately adjacent to Routes 195 and 9.