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    Warehouse and Office in Newark Title is generated by Realmo AI

    41 Malvern St, Newark, NJ 07105

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    For Sale
    $1,500,000

    Vacant warehouse with office space in Newark's Ironbound section.

    Type:Commercial
    Property size:
    6,200 SF
    Price / SF:
    $241/SF
    Added:
    Apr 14, 2026
    Days on Market:
    57
    Last Refresh:
    Apr 14 at 8:36 pm

    Property Features for 41 Malvern St

    General Information

    Standard status
    Active
    Size
    6,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    9999

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    Listing Contact
    MARLON TATIS

    Listing agent MARLON TATIS

    Listing office KELLER WILLIAMS VILLAGE SQUARE

    Listing date Apr 14, 2026

    Source Corcoran

    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 KELLER WILLIAMS VILLAGE SQUARE

    HighLights

    • 4,600 SqFt Warehouse and 1,600 SqFt Office Space in Newark's Ironbound Section
    • High Pressure Gas Powered Warehouse
    • Dedicated Transformer with 240V Three‑Phase, 240V Single‑Phase Power
    • High Amperage Capacity: 800/1200 Amps
    • Three Separate Air‑Conditioned Offices on Second Floor
    • First Floor Lobby

    Overview

    This vacant warehouse and office property is located in the Ironbound section of Newark. The warehouse provides approximately 4,600 square feet of space, complemented by 1,600 square feet of office space. The warehouse is equipped with high-pressure gas and its own transformer, which handles 240V three-phase, 240V single-phase, and loads of 800/1200 Amps. The office space includes three separate offices with central air on the second floor, along with a lobby on the first floor. These features expand the use for this property and make a transition that much easier and cost effective.

    Local Financial Insights For Office B

    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 $186.0k $30.00
    − Vacancy −$43.3k −$6.99
    EGI $142.7k $23.01
    − OpEx −$35.7k −$5.75
    NOI $107.0k $17.26
    6,200 SF · lease $30.00/SF/yr · vacancy 23.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.53M
    $1.34M – $1.78M (±1% cap)
    NOI $106,997 @ 7.0% cap · market cap 7.13%
    Second Best
    Flex RnD
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $80,955 @ 7.0% cap · market cap 5.40%
    Theoretical Best
    Office A
    $2.22M
    $1.94M – $2.59M (±1% cap)
    NOI $155,228 @ 7.0% cap · market cap 10.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Dental Office Restaurant Hair Salon Gym & Fitness Center Nail Salon Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Storage Containers Newark — 174 elm st, newark, nj 07105
    • Record Nations — 188 Jefferson St, Newark, NJ 07105
    • Newark Refrigerated Warehouse: Executive Office — 104 Avenue C, Newark, NJ 07114
    • Applezon Moving & Transportation LLC — 290 Chestnut St suite 207, Newark, NJ 07105
    • South Street Storage — 431 South St, Newark, NJ 07105

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.166123
    Latitude
    40.72255

    FAQs

    What type of property is this?
    Warehouse - Vacant warehouse with office space in Newark's Ironbound section.
    Where is this warehouse located?
    The property is located at 41 Malvern St Newark, NJ.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 4,600 SqFt Warehouse and **1,600 SqFt Office Space** in Newark's Ironbound Section; High Pressure Gas Powered Warehouse; Dedicated Transformer with 240V Three‑Phase, 240V Single‑Phase Power
    More about this property
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