Rivera Realty

360 FAIRVIEW AVENUE, HAMMONTON, NJ 08037

360 FAIRVIEW AVENUE, HAMMONTON, NJ 08037

$3,400,000

Sq. Ft.: 31,000
Type: Commercial
Listing Courtesy of: Keller Williams Realty Preferred Properties (609) 324-7600
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Family owned and operated contract Medical Device Manufacturer located in Atlantic County, NJ, specializing in traditional Xeroform, Oil Emulsion, and Petrolatum wound care dressings. Located on close to 4 acres with over 31,000 SF of manufacturing, office and warehouse space with approved plans to expand with another 4,000+ SF. The property includes ample parking to accommodate the required number of employees to operate the business. Annual Property Taxes are approximately $27,000. Facilities are well maintained and the business generates stable gross revenues and net profits that justify the sales price. Business inventory and work in progress along with specialized custom manufacturing equipment and quality control systems all included in the sale. The management team and key subject matter experts are willing to stay on board for a transition and training period. Management team has over 50 years of combined experience in the medical device industry. This includes well-respected names in Manufacturing, Regulatory Affairs, Quality Assurance, Sales and Marketing. The company's core management team has been manufacturing these products since the 1980s. The products are used in hospitals, clinics, outpatient surgery centers, nursing homes, physician's offices and in-home healthcare settings. The company's product line includes a full line of impregnated wound care dressings including Xeroform, Petrolatum, and Oil Emulsion Gauze (Adaptic), Plain and Iodoform Packing Strips. The company has an outstanding Quality Control system in place, ensuring that they produce a high quality product for their customers. The business has passed numerous government (FDA) and private audits to ensure compliance with the industry they serve. Detailed information that includes business financials, inventory, equipment, work in progress, facility expansion application and development plan and other pertinent and proprietary information will be shared with interested buyers/investors only after proof of funds are provided and Non Disclosure Agreement (NDA) is signed.
Listing Courtesy of: Keller Williams Realty Preferred Properties (609) 324-7600
Property Features
Location Information
County: ATLANTIC
Municipality: HAMMONTON TOWN
Latitude: 39.64294052
Longitude: -74.80506134
MLS Area: Hammonton Town (20113)
Interior Features
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C
Exterior Features
Is New Construction: No
Septic or Sewer: Public Sewer
Water: Public
Lot Size in Acres: 3.88
Commercial/Industrial Type: Flex, Manufacturing, Medica
Approximate Net Sq. Ft.: 31,448
Additional Information
ListDate: 2024-09-23 00:00:00.0
Property SubType: Commercial Sale
Year Built: 1960
Status: Active
Tax Year: 2023
Tax Amount: $27,483


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at November 20, 2024 11:00 PM ET