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    875 Broadway Newark, NJ 07104

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    For Lease
    $6,500 /Mo

    4,500 sqft auto body shop with radiant heat.

    Lot size:
    0.09 Acres

    Property Features for 875 Broadway

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1960
    Source: Corcoran

    Listing Agent: Alfredo Silva

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

    Overview

    Auto Body Shop For Lease

    This is a 4,500 sqft building for lease, currently used as an auto body collision shop and to be delivered vacant. The lease is a Triple Net Lease. The facility includes an office, two bathrooms, and a garage bay with radiant heat. There is also an option to buy the building for $1,200,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Body Masters Inc Auto Body Shop NJ LegalExpress.com Process Server

    Suggested Use

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

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

    Similar Places Nearby

    Ultimate Auto Security & Sound, Car Tech, Mp Auto Repair, Quest Towtrucks services, Catizone Tires

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1555937
    Latitude
    40.7794196

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    FAQs

    What type of property is this?
    Auto shop - 4,500 sqft auto body shop with radiant heat.
    Where is this auto shop located?
    The property is located at 875 Broadway Newark, NJ.
    What are key features of this property?
    This property features: - Vacant 4,500 sqft building ready for immediate occupancy; - Option to purchase the building for $1,200,000; - Includes an office, two bathrooms, and a garage bay
    (201) 939-0050
    Request Owner's contact information
    875 Broadway Newark, NJ 07104
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    Newark, NJ 07104
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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
    875 Broadway Newark, NJ 07104
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