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    124 Adams St Newark, NJ 07105

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    For Lease
    $18 SF/Yr ($6,885 /Mo)

    Renovated retail/office spaces available in Newark's Ironbound section.

    Property size:
    4,407 SF
    Lot size:
    0.12 Acres

    Property Features for 124 Adams St

    General Information

    Size
    4,407 SF
    Lot size
    0.12 Acres

    Source: The Blau & Berg Company Agent Jason M. Crimmins

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

    Overview

    Renovated Newark Retail/Office Space

    The property features available spaces on the first floor, including a 4,407-square-foot unit and a 2,738-square-foot unit, suitable for retail or office use. The building, with a total size of approximately 55,000 square feet, underwent complete renovation between 2017 and 2018. Located in the Ironbound section of Newark, the property offers convenient access to the New Jersey Turnpike, Route 21, I-78, and US Highways 1 and 9. Street parking is available. The lease rate is $18.75 per square foot NNN.
    Location Intelligence

    Current Use by Public Records

    124 Adams Apartment Building IRONBOUND WINES & SPIRITS ... Liquor Store Feva Nation LLC Education Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1596268
    Latitude
    40.7282313

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    FAQs

    What type of property is this?
    Retail space - Renovated retail/office spaces available in Newark's Ironbound section.
    Where is this retail space located?
    The property is located at 124 Adams St Newark, NJ.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Completely renovated in 2017-2018; - Located in the Ironbound Section of Newark; - Close proximity to NJ Turnpike, Route 21, I-78 and US Hwy 1 & 9
    (973) 568-6611
    Request Owner's contact information
    124 Adams St Newark, NJ 07105
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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
    124 Adams St Newark, NJ 07105
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