Warehouse with Office and
144 Emmet St Newark, NJ 07114
144 Emmet St, Newark, NJ, 07114
$1,200,000
For Sale
$1,200,000
Warehouse offers 14-foot ceilings plus a clear office area and restroom.
Property Size5,000 SF
Price / SF$240
Days on Market84
Property Features for 144 Emmet St
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 9999
Listing agency
ROSA AGENCY
(973) 589-7550
Listed by
MICHAEL ROSA
Source
Corcoran
Added: Apr 29 Updated: Jul 21 at 2:54PM Checked: Jul 21 at 2:54PM
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 ROSA AGENCY
Investment Insights
Based on property information with market context.
This for-sale warehouse includes a clear-span warehouse area with approximately 14-foot ceiling height. The space also features a dedicated office area and a restroom.
The property is located at 144 Emmet St in Newark, NJ 07114. Address-based presentation supports tenant and buyer coordination for showings and underwriting.
With its combination of warehouse space, office area, and restroom, the layout is suited for users seeking functional on-site administrative space alongside core storage or distribution space.
The property is located at 144 Emmet St in Newark, NJ 07114. Address-based presentation supports tenant and buyer coordination for showings and underwriting.
With its combination of warehouse space, office area, and restroom, the layout is suited for users seeking functional on-site administrative space alongside core storage or distribution space.
Key Highlights
- About 5,000 SF warehouse space
- 14‑ft high ceiling with clear open warehouse area
- Includes a clear office area and a restroom
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.0k | $15.60 |
| − Vacancy | −$4.5k | −$0.90 |
| EGI | $73.5k | $14.70 |
| − OpEx | −$11.0k | −$2.20 |
| NOI | $62.5k | $12.49 |
5,000 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$892.2K
$780.7K – $1.04M
NOI $62,455 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,010 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Caporaso Sales Corporation
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- The DeLong Company — 116 Poinier St, Newark, NJ 07114
- Father Son Storage — newark, nj 07114
- Newark Refrigerated Warehouse: Executive Office — 104 Avenue C, Newark, NJ 07114
- AJC INDUSTRIES LLC — 219 Vanderpool St, Newark, NJ 07114
- Father & Son Moving & Storage Inc — 194 Frelinghuysen Ave, Newark, NJ 07114
FAQs
What type of property is this?
Warehouse - Warehouse offers 14-foot ceilings plus a clear office area and restroom.
Where is this warehouse located?
The property is located at 144 Emmet St Newark, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: About 5,000 SF warehouse space; 14‑ft high ceiling with clear open warehouse area; Includes a clear office area and a restroom
