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    Prime Corner Mechanic Shop Opportunity
    Updated: Jan 20
    Prime Corner Mechanic Shop Opportunity

    146 -148 Hudson St, Newark, NJ 07103

    $775,000
    3,600 sqft 0.14 AC lot
    Prime corner location with high visibility
    Two separate tenant spaces totaling approximately 4,000 sq ft
    Located in Newark's Central Ward - University Heights neighborhood
    Hudson Street frontage: approximately 2,000 sq ft plus 300 sq ft office space
    Hartford Street frontage: approximately 1,500 sq ft
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    This listing looks promising.

    Here's a quick look at some key insights for

    146 -148 Hudson St, Newark City, NJ 07103

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $58K
      Annual

    • Price @ 7% Cap

      $825K
      Above asking

    • Last Sold

      Jun 2004
      $135K
    View Property Analytics
    Turnkey Mechanic Shop in Newark
    Updated: Sep 20, 2025
    Turnkey Mechanic Shop in Newark

    195 Miller St, Newark, NJ 07114

    $900,000
    0.06 AC lot
    Turnkey mechanic shop in a high‑traffic location.
    Located in the desirable Ironbound section of Newark.
    Includes 3 car lifts.**
    Equipped with a powerful compressor.
    Spacious interior for efficient work.
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    Automotive Shop with Corner Lot
    Automotive Shop with Corner Lot

    225-227 Milford Ave, Newark, NJ 07108

    Contact for pricing

    For sale: an established automotive shop plus an adjacent vacant corner lot.

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    Auto Body Repair and Office
    Auto Body Repair and Office

    741-745 S Orange Ave, Newark, NJ 07106

    Contact for pricing

    Corner property includes a handicap-accessible auto-body shop with office space and a side entrance.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Newark, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Mixed-Use Investment Opportunity
    Turn-Key Mixed-Use Investment Opportunity

    580 Scotland Rd, City Of, Orange, NJ 07050

    $1,490,000
    0.09 AC lot

    Two renovated properties: mixed-use and mechanic shop in developing corridor.

    View details
    Auto Body Shop Garage
    Auto Body Shop Garage

    526 Beach, Orange, NJ 07050

    $300,000

    Commercial garage/auto body shop offering a functional layout with ample workspace, high ceilings, and vehicle access.

    View details
    Turnkey Auto Repair Business For Sale
    Turnkey Auto Repair Business For Sale

    59-61 Western, Irvington, NJ 07111

    $750,000

    Auto and tire repair business with property in Irvington, NJ.

    View details
    Signalized Commercial Land
    Signalized Commercial Land

    1359 Springfield Ave, Irvington, NJ 07111

    Contact for pricing

    Vacant corner property with an existing automotive facility and several access points along Springfield Avenue.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Lot in Redevelopment Zone
    Industrial Lot in Redevelopment Zone

    415 Bergen Ave, Kearny, NJ 07032

    Contact for pricing
    0.75 AC lot

    Approximately 0.75-acre industrial lot in a redevelopment zone.

    View details

    Newark, NJ Auto Shops Market Trends and Statistics

    Explore 4 auto shops for sale in Newark, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $1,675,000.

    Sale prices for auto repair shops in Newark, NJ start at $775,000, averaging $837,500, and reaching up to $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 7
    Car washes 1

    Demographics Overview

    Population 307K
    Population Growth (5Y) +8.9%
    Median Household Income $47,918
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07103 $775K
    07114 $900K
    07105 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 3.63%
    Property Tax per SF $23.25 per SF
    Tax Rate vs County Average 0.60 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Newark fall within the Under 2,500 square foot range.

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