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    122-128 N 11Th St Newark, NJ 07107

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    For Sale
    $2,200,000

    30,000 SF warehouse with usable basement and redevelopment potential.

    Property size:
    30,000 SF
    Lot size:
    0.23 Acres

    Property Features for 122-128 N 11Th St

    General Information

    Size
    30,000 SF
    Lot size
    0.23 Acres

    Source: The Blau & Berg Company Agent Laura L. Crimmins

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

    Overview

    Two-Story Warehouse with Drive-In Ramp

    This is a 30,000 square foot two-story warehouse. The above-ground structure includes a drive-in ramp providing access to a fully usable basement. Car-sized ramps lead to each floor, including the roof. The property features two large drive-in doors, one leading to the first floor and the other to the basement/garage space. Ceiling heights are 9 and 10 feet, with 24 x 24 foot mushroom columns. The property is located in Redevelopment Zone R-4, situated on a 10.23-acre lot (Block 1926, Lot 18). Taxes are $11,731.04 (2022). Currently, the property is used for industrial auto parts. It is located a 1-minute walk to Bus Stop NJ Transit Bus 41 (Orange, East Orange, Newark).
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Branch Brook Park Boat House, Hollywood Ave Car Storage, Sonic Self Storage Unit Facility, Life Storage, Liberty Moving Group

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1966975
    Latitude
    40.7501843

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    FAQs

    What type of property is this?
    Warehouse - 30,000 SF warehouse with usable basement and redevelopment potential.
    Where is this warehouse located?
    The property is located at 122-128 N 11Th St Newark, NJ.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - ±30,000 SF Two-Story Warehouse with Fully Usable Basement; - Drive-In Ramp Access to All Floors, Including the Roof; - Two Large Drive-In Doors (One to 1st Floor, One to Basement/Garage)
    (973) 479-1418
    Request Owner's contact information
    122-128 N 11Th St Newark, NJ 07107
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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
    122-128 N 11Th St Newark, NJ 07107
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