Warehouse with Office and
For Sale
$1,200,000
Pending
144 Emmet St, Newark, NJ 07114
Warehouse offers 14-foot ceilings plus a clear office area and restroom.
Property Size5,000 SF
Days on Market180
Property Features for 144 Emmet St
General Information
Standard status
Pending
Size
5,000 SF
Property subtype
Commercial
Site & Location
Neighborhood
South Ironbound
Additional Details
Clear Height
14 ft
Taxes and HOA fees
Annual Taxes
$6,078
Amenities
office area
bath
Asphalt Shingle Roof
Listing Agency:
ROSA AGENCY
(973) 589-7550
Listed By:
MICHAEL ROSA
(908) 432-1100
Source:
Corcoran
Added: Apr 29
Changed: Oct 10
Last Checked: Oct 24 at 4:39PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,455
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,100
$1.2M
Cap Rate 7%
$892,214
$892.2K
Cap Rate 9%
$693,944
$693.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$78.0K $15.60/SF
− Vacancy
−$4.5K −$0.90/SF
EGI
$73.5K $14.70/SF
− OpEx
−$11.0K −$2.20/SF
NOI
$62.5K $12.49/SF
Area
Newark, NJ
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,100
Cap Rate 7%
$892,214
Cap Rate 9%
$693,944
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,847
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07114, NJ
17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Father & Son Moving & Storage Inc — 194 Frelinghuysen Ave, Newark, NJ 07114
- The DeLong Company — 116 Poinier St, Newark, NJ 07114
- Father Son Storage — newark, nj 07114
- AJC INDUSTRIES LLC — 219 Vanderpool St, Newark, NJ 07114
- Newark Refrigerated Warehouse: Executive Office — 104 Avenue C, Newark, NJ 07114
Frequently Asked Questions
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
