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    456-464 W Market St Newark, NJ 07107

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    For Sale
    Contact for pricing

    Recently renovated gas station with convenience store business for sale.

    Property size:
    3,000 SF
    Lot size:
    0.36 Acres

    Property Features for 456-464 W Market St

    General Information

    Size
    3,000 SF
    Lot size
    0.36 Acres

    Source: The Blau & Berg Company Agent Juan Disla

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

    Overview

    Renovated Gas Station With Store

    This recently renovated gas station includes a convenience store with a size of approximately 3,000 square feet. The sale includes the business. The property has significant upside potential. The lot size is approximately 0.36 acres, identified as Block 1854, Lot 6. The taxes were $14,944 in 2022. The property is located at 456-464 W Market St, Newark, NJ.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1594939
    Latitude
    40.7326092

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    FAQs

    What type of property is this?
    Gas station - Recently renovated gas station with convenience store business for sale.
    Where is this gas station located?
    The property is located at 456-464 W Market St Newark, NJ.
    What are key features of this property?
    This property features: - Over 10% Cap Rate; - Recently Renovated Gas Station with Convenience Store; - Business Included In Sale
    (201) 279-8442
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    456-464 W Market 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
    456-464 W Market St Newark, NJ 07107
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