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Ironbound Building with Parking
For Sale
$599,000

332 Lafayette St, Newark, NJ 07105

Versatile building in the Ironbound, suitable for various uses.

Property SizeContact for details
Days on Market239

Property Features for 332 Lafayette St

General Information

Standard status Active
Property subtype Commercial
Zoning Res/comm

Building Details

Year Built 9999
Stories 2
Listing Agency: Ferreira Realty & Associates
Listed By: Olga C. Ferreira · License #214150
Source: Betterhomerealestate
Added: Jan 12 Changed: Sep 8 Last Checked: Aug 25 at 9:09AM

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 Ferreira Realty & Associates

Investment Insights

Based on property information with market context.

Located in the Ironbound neighborhood, this building is in very good condition and includes parking for one car. The property's prior use was as a dentist's office, and it can potentially accommodate other businesses, subject to city approval. Conversion to an office/apartment or a two-family home is also a possibility, contingent upon buyer due diligence. Each floor features a half bath. Both the first and second floors have kitchens. The finished basement has a separate entrance. Central air conditioning is installed for climate control. A lift to the first floor is included. The seller is willing to hold a mortgage. The property has low taxes.

Key Highlights

  • Seller willing to hold mortgage.
  • Great location in the Ironbound with parking for one car.
  • Potential for conversion to office/apartment or two‑family home (subject to city approval).

Property Analytics

Current Use

Emergency Dentist 24/7 ... Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Nursing Home Adult Day Care Pet Grooming Service Restaurant

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

4,344
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Versatile building in the Ironbound, suitable for various uses.
Where is this medical office space located?
The property is located at 332 Lafayette St Newark, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Seller willing to hold mortgage.; Great location in the Ironbound with parking for one car.; Potential for conversion to office/apartment or two‑family home (subject to city approval).
More about this property
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