Industrial Facility with Drive-In
335-337 Jefferson Street, Newark, NJ 07105
For Sale
Contact for pricing
A maintenance facility with vehicle-entry access is situated near Newark transportation connections.
Property Size5,000 SF
Lot Size0.12 Acres
Price / SF$170
Days on Market26
Property Features for 335-337 Jefferson Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Drive-In Doors
Property Use
Listing Agency:
The Blau & Berg Company
Listed By:
Jason M. Crimmins · License #NJ 9694872
(973) 568-6611
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 3:18PM
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
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Investment Insights
Based on property information with market context.
This 5,000-square-foot industrial maintenance facility at 335-337 Jefferson Street includes 3 drive-in doors and occupies approximately 0.12 acres.
Newark Penn Station is 1.5 miles away, I-95 Exit 14 is 2.0 miles away, and Newark Airport is 4.2 miles away. Ports Newark & Elizabeth are 4.8 miles from the property, with access to the Holland and Lincoln Tunnels also noted.
Newark Penn Station is 1.5 miles away, I-95 Exit 14 is 2.0 miles away, and Newark Airport is 4.2 miles away. Ports Newark & Elizabeth are 4.8 miles from the property, with access to the Holland and Lincoln Tunnels also noted.
Key Highlights
- 5,000 SF maintenance facility with 3 drive‑in doors
- Approximately 0.12 acres at 335‑337 Jefferson Street
- 1.5 miles from Newark Penn Station and 2.0 miles from I‑95 Exit 14
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,379
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,580
$1.0M
Cap Rate 7%
$733,986
$734.0K
Cap Rate 9%
$570,878
$570.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$78.0K $15.60/SF
− Vacancy
−$4.6K −$0.92/SF
EGI
$73.4K $14.68/SF
− OpEx
−$22.0K −$4.40/SF
NOI
$51.4K $10.28/SF
Area
ZIP 07105
Vacancy
5.90%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,580
Cap Rate 7%
$733,986
Cap Rate 9%
$570,878
Alternative Uses
Best Use
Industrial
$734.0K
$642.2K – $856.3K
NOI $51,379 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.56M – $2.09M
NOI $125,184 @ 7.0% cap · market cap 14.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
3,086
Businesses Nearby
Explore this area
Business Placement
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
$445,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Newark, NJ
Properties on Market for Industrial properties in Newark
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - A maintenance facility with vehicle-entry access is situated near Newark transportation connections.
Where is this industrial property located?
The property is located at 335-337 Jefferson Street Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 5,000 SF maintenance facility with 3 drive‑in doors; Approximately 0.12 acres at 335‑337 Jefferson Street; 1.5 miles from Newark Penn Station and 2.0 miles from I‑95 Exit 14
