Ironbound Multi-Level Commercial
67 Brill St Newark, NJ 07105
67 Brill St, Newark, NJ, 07105
Contact for pricing
For Sale
Contact for pricing
3,000 sq ft multi-level building in Newark's Ironbound district.
Property Size3,000 SF
Price / SF$225
Days on Market142
Property Features for 67 Brill St
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Mixed Use, Special Purpose
Listing Agency
Weichert Realtors Home City
Listed by
Augusto Verissimo · License #9591085
Source
Crexi
Added: Feb 26 Checked: Jul 17 at 12:43 pm
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 Weichert Realtors Home City
Investment Insights
Based on property information with market context.
Located in the Ironbound section of Newark, this multi-floor commercial building offers approximately 3,000 sq ft of space. The property is situated just off Ferry Street, providing visibility and accessibility. It features central HVAC and a flexible multi-level layout. Approximately 12 on-site parking spaces are available. Zoned RDV, the property allows for a variety of potential uses. The property is surrounded by local businesses, restaurants, and public transportation, benefiting from foot traffic.
Key Highlights
- Prime Ironbound location, steps from Ferry Street
- Approximately 3,000 sq ft multi‑floor building
- Benefit from approximately 12 on‑site parking spaces
Local Financial Insights For Mixed Use
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 | $72.0k | $24.00 |
| − Vacancy | −$6.6k | −$2.18 |
| EGI | $65.4k | $21.82 |
| − OpEx | −$24.5k | −$8.18 |
| NOI | $40.9k | $13.64 |
3,000 SF · lease $24.00/SF/yr · vacancy 9.10% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$584.4K
$511.3K – $681.8K
NOI $40,905 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$938.9K – $1.25M
NOI $75,110 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Assembleia de Deus ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 3,000 sq ft multi-level building in Newark's Ironbound district.
Where is this mixed-use property located?
The property is located at 67 Brill St Newark, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Prime Ironbound location, steps from Ferry Street; Approximately 3,000 sq ft multi‑floor building; Benefit from approximately 12 on‑site parking spaces
