Warehouse with Office and
146 Emmet #144 Newark, NJ 07114
146 Emmet #144, Newark, NJ, 07114
$1,200,000
For Sale
$1,200,000
5000 sq ft warehouse with 14-foot ceilings, plus a dedicated office area and bath.
Property Size5,000 SF
Price / SF$240
Days on Market83
Property Features for 146 Emmet #144
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Commercial
Listing agency
ROSA AGENCY-IRONBOUND, LLC
(973) 589-7550
Listed by
MICHAEL ROSA
Source
Corcoran
Added: Apr 30 Updated: Jul 21 at 12:11PM Checked: Jul 21 at 12:11PM
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-IRONBOUND, LLC
Investment Insights
Based on property information with market context.
This 5,000-square-foot warehouse offers 14-foot high ceilings with open clear space suitable for warehouse operations. The property also includes a clear office area and a bath, providing on-site functionality for staff and day-to-day administration.
The asset is offered for sale as a commercial warehouse at 146 Emmet #144 in Newark, NJ.
The asset is offered for sale as a commercial warehouse at 146 Emmet #144 in Newark, NJ.
Key Highlights
- 5,000 SF warehouse space
- 14‑ft high ceilings
- Includes a clear office area
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
Warehouses
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 - 5000 sq ft warehouse with 14-foot ceilings, plus a dedicated office area and bath.
Where is this warehouse located?
The property is located at 146 Emmet #144 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: 5,000 SF warehouse space; 14‑ft high ceilings; Includes a clear office area
