Listing Agency: Exit Realty Lucky Group

Listed By: Marilene Oliveira · License #NJ1647920

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:53PM

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Investment Insights

Based on property information with market context.

This industrial land parcel at 668 Ferry Street in Newark, New Jersey, is currently leased to a trucking company. A billboard is also located on the property, creating two existing property components for review.

Key Highlights

• Currently leased to a trucking company
• Billboard located on the property

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service

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

626

Businesses Nearby

Explore this area Business Placement

Demographics for 07105, NJ

50,870

Population

20,608

Households

2.5

Avg Household Size

35

Median Age

15%

College-Educated

70%

High-School Grad

4.6 sq mi

ZIP Area

11,059

Density / Sq Mi

$55,752

Median Household Income

$33,175

Median Earnings

$1,600

Median Rent

$445,900

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial land - The site carries an existing trucking-company lease and supports an on-property billboard.

Where is this industrial land located?

The property is located at 668 Ferry Street Newark, NJ.

What are key features of this property?

This property features: Currently leased to a trucking company; Billboard located on the property