Listing Agency: Newmark | Rutherford k***@nmrk.com Show Phone

Listed By: Jack Chatwin Show Phone

Source: Moodyscre

Added: Jun 30, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:26AM

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Investment Insights

Based on property information with market context.

This industrial land in Newark, New Jersey, offers potential for various uses, including industrial outdoor storage and an electric vehicle charging depot. The site features Passaic River and barge access with an existing bulkhead. An existing and permitted helicopter pad is located on the premises. The property is the former Essex Generating Station and includes on-site plant infrastructure. It provides direct access to ports via Doremus Avenue, a heavyweight corridor, and immediate access to I-95/New Jersey Turnpike and U.S. Route 1/9.

Key Highlights

• Direct access to Ports via Doremus Avenue (heavyweight corridor)
• Immediate access to I‑95 / New Jersey Turnpike and U.S. Route 1/9
• Passaic River & barge access with existing bulkhead

Property Analytics

Property Profile

Current Use

Essex substation Electrical Substation

Suggested Use

Top Pick Dental Office HVAC Service Real Estate Agency Garden Center Hair Salon Furniture & Home Goods

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

5,004

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial land with river access and helicopter pad.

Where is this industrial land located?

The property is located at 155 Raymond Blvd Newark, NJ.

What are key features of this property?

This property features: Direct access to Ports via Doremus Avenue (heavyweight corridor); Immediate access to I‑95 / New Jersey Turnpike and U.S. Route 1/9; Passaic River & barge access with existing bulkhead