Freestanding NNN
For Sale
$2,000,000
904 S ORANGE AVE Unit 908, Newark, NJ 07106
Commercial asset featuring off-street parking, a fire alarm, and a 2018 construction date.
Property Size10,000 SF
Price / SF$200
Days on Market821
Property Features for 904 S ORANGE AVE Unit 908
General Information
Standard status
Active
Size
10,000 SF
Property subtype
General Commercial
Occupancy
100%
Additional Details
Gross Income
$96,000
Taxes and HOA fees
Annual Taxes
$8,947
Amenities
Fire Alarm
3
Flat, Asphalt Shingle
COMMERCIAL
Parking.
Off Street, Lot.
9000 SF
Freestanding. Central Business District, Strip Mall.
Building Details
Year Built
2018
Listing Agency:
FRONT STREET ESTATES & FINE HOMES
(973) 792-0770
Listed By:
CHRISTOPHER C. AWOBUE
Source:
Xome
Added: Jun 1, 2024
Changed: Aug 30
Last Checked: Aug 30 at 3:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FRONT STREET ESTATES & FINE HOMES
Investment Insights
Based on property information with market context.
This freestanding commercial property was built in 2018 and includes a fire alarm and off-street parking. The property is situated within Newark’s Central Business District at 904 S Orange Ave, Unit 908.
The asset is fully leased under an NNN structure with 4% annual increases scheduled for 10 years, providing a defined lease-escalation schedule for the current tenancy.
The asset is fully leased under an NNN structure with 4% annual increases scheduled for 10 years, providing a defined lease-escalation schedule for the current tenancy.
Key Highlights
- 10,000‑square‑foot commercial property in Newark, NJ
- Fully leased under an NNN structure
- 4% annual increases scheduled for 10 years
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
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
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Frequently Asked Questions
What type of property is this?
NNN property - Commercial asset featuring off-street parking, a fire alarm, and a 2018 construction date.
Where is this nnn property located?
The property is located at 904 S ORANGE AVE Unit 908 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: 10,000‑square‑foot commercial property in Newark, NJ; Fully leased under an NNN structure; 4% annual increases scheduled for 10 years
