337-351 Sherman Ave Newark, NJ 07114
Property Features for 337-351 Sherman Ave
General Information
- Size
- 151,000 SF
Source:
Lee-associates
Listing Agent: Drew Maffey, Sior
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Newark Industrial Building with New Roof
This 151,000 square foot industrial building features a brand new roof. The available space totals 83,991 square feet, distributed across multiple floors: 24,943 square feet on the first floor, 37,314 square feet on the third floor, and 21,756 square feet on the fourth floor. Ceiling heights vary, with 16 feet on the first floor and 11 feet on the second, third, and fourth floors. The property includes five exterior loading docks and eight interior loading docks, along with two freight elevators. It is zoned for medium industrial use. The pro forma cap rate is 7.5%.
Location Intelligence
Current Use by Public Records
Warehouses
Similar Places Nearby
The DeLong Company, Father Son Storage, AJC INDUSTRIES LLC, Brantley Bros Moving & Storage Co. Inc, Father & Son Moving & Storage Inc
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1918326
- Latitude
- 40.7121646
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 151,000 SF industrial building with a brand new roof.
Where is this warehouse located?
The property is located at 337-351 Sherman Ave Newark, NJ.
What is the asking price?
The asking price for this property is $20,800,000.
What are key features of this property?
This property features: - High pro forma cap rate: 7.5%; - Significant available space: **83,991 SF**; - Large building size: 151,000 SF