Building Details

Building Size 10,000 SF

Year Built 2018

Stories 1

Units 1

Listing Agency: Front Street Estates & Fine Homes

Listed By: Christopher C. Awobue Show Phone

Source: Cammarotarealestate

Added: Sep 12, 2024 Changed: Oct 22 Last Checked: Oct 22 at 2:24PM

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Investment Insights

Based on property information with market context.

Built in 2018, this commercial property at 904 S Orange Ave in Newark is fully rented. The lease provides for 4% annual rent increases over a 10-year period. Zoning is designated COMMERCIAL.

Key Highlights

• Fully rented under a 10‑year term with 4% annual increases
• Built in 2018
• COMMERCIAL zoning

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

NNN properties

Suggested Use

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

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

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

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Frequently Asked Questions

What type of property is this?

NNN property - The property is fully leased under terms that include annual rent increases.

Where is this nnn property located?

The property is located at 904 S Orange Ave #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: Fully rented under a 10‑year term with 4% annual increases; Built in 2018; COMMERCIAL zoning