Item 2. Properties
Item 2. Properties:
The Company presently conducts its business through its main office located at 64 Old Highway 22, Clinton, New Jersey and its twenty-one branch offices. The Company is currently leasing additional back office space in Clinton, New Jersey, in a building adjacent to its main office. The Company’s facilities are adequate to meet its needs.
The following table sets forth certain information regarding the Company’s properties from which it conducts business as of December 31, 2023.
Location
Leased or Owned
Date Leased or Acquired
Lease Expiration
2023 Annual Rental Fee
North Plainfield, NJ
Owned
1991
—
$
—
Linden, NJ
Owned
1997
—
—
Whitehouse, NJ
Owned
1998
—
—
Union, NJ
Leased
2021
2036
64,540
Scotch Plains, NJ
Owned
2004
—
—
Flemington, NJ
Owned
2005
—
—
Forks Township, PA
Leased
2006
2036
67,843
Middlesex, NJ
Owned
2007
—
—
Somerset, NJ
Leased
2012
2027
142,276
Washington, NJ
Owned
2012
—
—
Highland Park, NJ
Owned
2013
—
—
South Plainfield, NJ
Owned
2013
—
—
Edison, NJ
Owned
2013
—
—
Clinton, NJ*
Owned
2016
—
—
Somerville, NJ
Owned
2016
—
—
Emerson, NJ
Owned
2016
—
—
Phillipsburg, NJ
Leased
2017
2027
63,351
Clinton, NJ**
Leased
2018
2036
77,989
Bethlehem, PA
Leased
2018
2028
84,683
Parsippany, NJ
Owned
2023
—
—
Lakewood, NJ
Leased
2022
2037
43,200
Fort Lee, NJ
Leased
2022
2037
132,660
*Headquarters Space
**Back Office Space
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.