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Light Industrial Yard
For Lease
$14,000/Mo

178 Miller St, Newark, NJ 07114

I-1-zoned property with open-sided storage sheds and on-site electricity.

Space Size17,500 SF
Lot Size0.40 Acres
Days on Market176

Property Features for 178 Miller St

General Information

Standard status Active
Size 17,500 SF
Net Rentable 17,500 SF
Lot size 0.40 Acres
Zoning I-1

Space & Availability

Available Space 17,500 SF
Contiguous Space 17,500 SF
Space Use Light Industrial

Site & Location

Road Access Yes
Outdoor Storage Yes
Utilities to Site Yes

Additional Details

Three-Phase Power Yes

Building Details

Building Size 17,500 SF
Year Built 2015
Construction open faced sheds
Listing Agency: Exit Realty Lucky Associates
Listed By: Patrick Dwyer · License #293621
Source: Betterhomerealestate
Added: Mar 10 Changed: Aug 31 Last Checked: Aug 31 at 5:09PM

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 Exit Realty Lucky Associates

Investment Insights

Based on property information with market context.

This I-1-zoned industrial property occupies approximately 17,500 square feet and is currently used as a lumber yard. Approximately 40% of the site is covered by open-faced sheds, providing sheltered outdoor storage or work areas. The property was built in 2015 and includes on-site electricity.

Located at 178 Miller St in Newark, the rectangular site offers approximately 175 feet of frontage along Miller St and approximately 100 feet on Avenue A. Commercial and industrial uses predominate in the immediate area. Gas and water are not connected to the property, although both are available in the street if desired.

Key Highlights

  • Approximately 17,500‑square‑foot rectangular industrial site
  • Approximately 175 feet of frontage on Miller St
  • Approximately 100 feet of frontage on Avenue A

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Florist Nursing Home Tanning Salon Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,615
Businesses Nearby

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

Market

Lease Benchmarks for Newark, NJ

$16.23 /SF/Yr
Avg Asking Price
$5.6–$36 /SF/Yr
Price Range
15,788 SF
Avg Space Size

This space is priced 41% below the average of $16.23 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - I-1-zoned property with open-sided storage sheds and on-site electricity.
Where is this industrial property located?
The property is located at 178 Miller St Newark, NJ.
What is the lease rate?
The lease rate is $14,000/Mo.
What are key features of this property?
This property features: Approximately 17,500‑square‑foot rectangular industrial site; Approximately 175 feet of frontage on Miller St; Approximately 100 feet of frontage on Avenue A
More about this property
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