Elizabeth's industrial base gained a new tenant this week when Northeastern Lumber Building Supply signed a lease for the entire outdoor storage site at 869–871 Julia St.. The 1.6-acre property includes a 4,225-square-foot maintenance building and is expected to support the company's expansion in Northern New Jersey.
What this means for Elizabeth residents and businesses
The Julia Street site sits within easy reach of major regional freight and travel hubs. Proximity to Port Newark/Elizabeth, Newark Liberty International Airport and the New York City metropolitan area makes the location attractive for firms that need quick access to ports, air freight and a dense customer base. Local contractors, service providers and logistics operators may see increased demand tied to activity at the site.
The transaction was handled by the Metz Industrial Group (MIG) of Bussel Realty Corp. on behalf of the tenant. The landlord, Elizabeth-based Elberon Development Group, was represented in-house.
- Address: 869–871 Julia St., Elizabeth
- Site size: 1.6 acres
- On-site structure: 4,225 sq. ft. maintenance facility
- Tenant: Northeastern Lumber Building Supply
- Tenant representation: Jordan Metz, Benito Abbate and James Friel of Metz Industrial Group
“Well-located industrial outdoor storage (IOS) properties continue to be among the most durable and sought-after asset classes in today’s industrial market,” said Jordan Metz, principal of Metz Industrial Group.
Deal details and market context
MIG said its team reviewed more than a dozen IOS options across Northern New Jersey before identifying the Julia Street parcel as the long-term fit for the lumber supplier. The brokerage noted that sites in the 1- to 2-acre range remain highly competitive because they serve companies that need to move materials across wide geographic service areas efficiently.
| Feature | Detail |
|---|---|
| Parcel size | 1.6 acres |
| Building | 4,225 sq. ft. maintenance facility |
| Tenant | Northeastern Lumber Building Supply |
| Broker | Metz Industrial Group of Bussel Realty Corp. |
For Elizabeth, the lease represents another example of continued demand for industrial land near the port and airport corridors. The move could lead to modest increases in truck traffic and related service activity in the immediate area, though MIG characterized the transaction primarily as a strategic fit for the tenant's operational needs across the Northern New Jersey market.
Local officials and the landlord have not released additional details about staffing changes or site upgrades related to the lease.
