Industrial Warehouse with
167-171 Frelinghuysen Ave Newark, NJ 07114
For Sale
Contact for pricing
Industrial warehouse offering 8,500 SF warehouse space with a 12,000 SF mezzanine level.
Property Size10,500 SF
Lot Size0.16 Acres
Price / SF$250
Days on Market74
Property Features for 167-171 Frelinghuysen Ave
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Lot size
- 0.16 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
The Blau & Berg Company
(973) 568-6611
Listed By:
Jason M. Crimmins · License #0341793
(973) 568-6611
Source:
Moodyscre
Added: May 11
Changed: Jul 23
Last Checked: Jul 23 at 2:02AM
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 The Blau & Berg Company
Investment Insights
Based on property information with market context.
This industrial warehouse totals approximately 10,500 SF and includes an 8,500 SF warehouse area plus a 2nd-floor mezzanine of 12,000 SF. The facility features an 18-foot ceiling height and offers loading support with two interior tailboards and one drive-in. Off-street parking is available, and the building was constructed in 1960.
The property sits on a 0.16-acre lot (Block 2770, Lots 7–9) and is zoned Industrial. It is well suited for users seeking an industrial configuration with interior loading and mezzanine space.
The property sits on a 0.16-acre lot (Block 2770, Lots 7–9) and is zoned Industrial. It is well suited for users seeking an industrial configuration with interior loading and mezzanine space.
Key Highlights
- Total building size of 10,500 SF: 8,500 SF warehouse plus a 12,000 SF mezzanine (2nd floor)
- Ceiling height of 18 feet for the warehouse space
- Loading includes 2 interior tailboards and 1 drive‑in
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 | $163.8k | $15.60 |
| − Vacancy | −$9.5k | −$0.90 |
| EGI | $154.3k | $14.70 |
| − OpEx | −$23.1k | −$2.20 |
| NOI | $131.2k | $12.49 |
10,500 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.87M
$1.64M – $2.19M
NOI $131,155 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.72M
$3.26M – $4.34M
NOI $260,422 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- PlusBox Coworking and Storage — 290 Elizabeth Ave, Newark, NJ 07108
- Jet Blue Relocation Inc. — 20 E Peddie St, Newark, NJ 07114
- Brantley Bros Moving & Storage Co. Inc — 174 Elizabeth Ave, Newark, NJ 07108
- Father & Son Moving & Storage Inc — 194 Frelinghuysen Ave, Newark, NJ 07114
- Extra Space Storage — 320 Elizabeth Ave, Newark, NJ 07112
FAQs
What type of property is this?
Warehouse - Industrial warehouse offering 8,500 SF warehouse space with a 12,000 SF mezzanine level.
Where is this warehouse located?
The property is located at 167-171 Frelinghuysen Ave Newark, NJ.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: Total building size of 10,500 SF: 8,500 SF warehouse plus a 12,000 SF mezzanine (2nd floor); Ceiling height of 18 feet for the warehouse space; Loading includes 2 interior tailboards and 1 drive‑in
