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    303 N 5Th St Newark, NJ 07107

    For Sale
    $1,900,000

    Commercial - Newark City, NJ

    Property size:
    11,519 SF
    Lot size:
    0.14 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 303 N 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2
    Size
    11,519 SF
    Lot size
    0.14 Acres

    Building Details

    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Block, Brick, Concrete, See Remarks
    Roof type
    Asphalt, Flat, Shingle
    Architectural style
    Other

    Real Broker LLC

    Listing agent JOSEPH GORDILLO (855) 450-0442

    Listing date Nov 10, 2025

    MLS# 3997185 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Automotive Repair Facility and Warehouse

    This 11,086 square foot automotive repair facility and warehouse is located at 303-305 N 5th Street in Newark City, NJ. Situated on a 0.14-acre lot, the property offers direct access to I-280, Route 21, and Port Newark. The facility is equipped with 7 lifts, an alignment machine, 2 wheel balancers, and AC compressors, along with all the tools necessary for operating a high-volume mechanic shop. The property is zoned C-2. The business is currently generating $48,000 to $50,000 per month in revenue with $30,000 in monthly expenses. This property presents an opportunity for an owner-user or investor in one of Newark's industrial submarkets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Bloomfield Auto Repair, Araminada Realty Corporation, A & J Auto Tech Inc., Save Money Auto Glass LLC, All Local Towing

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1854
    Latitude
    40.7584

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    FAQs

    What type of property is this?
    Auto shop - Equipped automotive repair facility and warehouse in Newark City, NJ.
    Where is this auto shop located?
    The property is located at 303 N 5Th St Newark, NJ.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Fully equipped 11,086 SF automotive repair facility and warehouse.; - Prime industrial location with direct access to I-280, Route 21, and Port Newark.; - Includes 7 lifts, alignment machine, 2 wheel balancers, and AC compressors.
    (855) 450-0442
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    Newark, NJ 07107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    303 N 5Th St Newark, NJ 07107
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