Contractor acquires 2.7-acre Roxbury site for office space, equipment storage

Jan 19, 2021 | Industrial, Office

82 North Dell Ave. in Kenvil — Courtesy: NAI James E. Hanson

By Joshua Burd

A production and construction management company is relocating within Morris County after acquiring a 2.7-acre property in Roxbury, according to NAI James E. Hanson.

The real estate services firm said the parcel, located at 82 North Dell Ave. in the township’s Kenvil section, consists of a house that is geared toward office usage and two garages. That made it a strong fit for the buyer, as did the site’s location between Interstate 80 and Route 46 and its easy access to other area highways.

NAI Hanson’s John Schilp represented both the seller and buyer, F&P Investments LLC and 82 North Dell Avenue LLC, respectively. The purchaser is relocating from Dover and plans to use the residential property as an office space and the garages and land for storage of equipment.

“When marketing such a unique property, it is critical for the marketing strategy to be built upon a deep understanding of the local market and the needs of buyers within it,” Schilp said. “Our team takes great pride in our ability to understand local market conditions in areas like Kenvil to help buyers find spaces that are perfect for their businesses and assist sellers in attracting fair market value for their assets, especially for properties with in-demand features that are very hard to find in the area.”

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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