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    162 Astor St Newark, NJ 07114

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    For Lease
    $3,500 /Mo ($5 SF/Yr)

    7500 sq ft industrial space with freight elevator.

    Property size:
    7,500 SF
    Lot size:
    0.06 Acres

    Property Features for 162 Astor St

    General Information

    Size
    7,500 SF
    Lot size
    0.06 Acres

    Building Details

    Year built
    9999

    Source: EXIT REALTY LUCKY ASSOCIATES Agent ANTONIO COSTA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Space with Freight Elevator

    This 7500 square foot light industrial space is located on the second floor and features a conveyor freight elevator. The property includes two bathrooms, concrete floors, and central air conditioning and heating. The tenant is responsible for paying a portion of the property taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MJ Novelty Manufacturer Ares Kit Cleaning Products Supplier Tangible Creative 3D Printing Service

    Suggested Use

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

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

    Similar Places Nearby

    Garden State Food Group DBA The Newark Grand, Arlindo Catering Inc, Smell So Good Catering, Mediterranean Manor, Gategourmet

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1775361
    Latitude
    40.7200722

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    FAQs

    What type of property is this?
    Flex space - 7500 sq ft industrial space with freight elevator.
    Where is this flex space located?
    The property is located at 162 Astor St Newark, NJ.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - 7500 sq ft light industrial space; - Freight elevator with conveyor; - Concrete floor
    (908) 289-7746
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    162 Astor St Newark, NJ 07114
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    Newark, NJ 07114
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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
    162 Astor St Newark, NJ 07114
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