Building Details

Year Built 2018

Listing Agency: FRONT STREET ESTATES & FINE HOMES Show Phone

Listed By: CHRISTOPHER C. AWOBUE

Source: Corcoran

Added: Sep 13, 2024 Changed: Sep 3 Last Checked: Sep 4 at 6:55AM

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Investment Insights

Based on property information with market context.

This commercial property is currently fully rented for $8,000 per month NNN with a 4% annual increase for 10 years. The property has a size of 10000 square feet. The seller is motivated to sell and is open to offers with proof of funds.

Key Highlights

• Currently fully rented for $8,000/month NNN.
• Enjoy a 4% annual rent increase for 10 years.
• NNN Lease

Property Analytics

Property Profile

Current Use

NNN properties

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,483

Businesses Nearby

Explore this area Business Placement

Demographics for 07106, NJ

34,596

Population

13,633

Households

2.5

Avg Household Size

35

Median Age

18%

College-Educated

85%

High-School Grad

1.4 sq mi

ZIP Area

24,711

Density / Sq Mi

$48,105

Median Household Income

$34,820

Median Earnings

$1,221

Median Rent

$321,400

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Commercial property currently fully rented with long-term tenants.

Where is this nnn property located?

The property is located at 904 S Orange Ave Newark, NJ.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: Currently fully rented for $8,000/month NNN.; Enjoy a 4% annual rent increase for 10 years.; NNN Lease