Warehouse with Overhead
For Sale
$1,600,000
68 Garden St #1, Newark, NJ 07105
Commercial zoning and an existing window-manufacturing operation define the property’s current commercial use.
Property Size4,000 SF
Price / SF$400
Days on Market514
Property Features for 68 Garden St #1
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Neighborhood
Ironbound
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
4,000 SF
Additional Details
Currently Operating
Yes
Property Use
Manufacturing
Building Details
Stories
1
Units
1
Building Size
4,000 SF
Abandoned
No
Listing Agency:
Re/Max First Realty Ii
Listed By:
Rocco Lobrace · License #1969580
(908) 664-1500
Source:
Culturaunitedrealty
Added: May 29, 2025
Changed: Oct 24
Last Checked: Oct 23 at 5:07PM
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 Re/Max First Realty Ii
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot warehouse at 68 Garden St #1 includes a 12-foot overhead door and is currently used for window manufacturing. The property is zoned Commercial.
The building is in Newark’s Ironbound section, in Newark City, New Jersey.
The building is in Newark’s Ironbound section, in Newark City, New Jersey.
Key Highlights
- 4,000‑square‑foot warehouse
- 12‑foot overhead door
- Currently operating as a window‑manufacturing facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,964
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,280
$999.3K
Cap Rate 7%
$713,771
$713.8K
Cap Rate 9%
$555,156
$555.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$62.4K $15.60/SF
− Vacancy
−$3.6K −$0.90/SF
EGI
$58.8K $14.70/SF
− OpEx
−$8.8K −$2.20/SF
NOI
$50.0K $12.49/SF
Area
ZIP 07105
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,280
Cap Rate 7%
$713,771
Cap Rate 9%
$555,156
Alternative Uses
Best Use
Warehouse
$713.8K
$624.6K – $832.7K
NOI $49,964 @ 7.0% cap · market cap 3.12%
Second Best
Industrial
$587.2K
$513.8K – $685.1K
NOI $41,103 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,147 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
4,901
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- AJC INDUSTRIES LLC — 219 Vanderpool St, Newark, NJ 07114
- Newark Refrigerated Warehouse: Executive Office — 104 Avenue C, Newark, NJ 07114
- South Street Storage — 431 South St, Newark, NJ 07105
- Extra Space Storage — 1239 Broad St, Newark, NJ 07114
- True State Moving Services — 98 Murray St, Newark, NJ 07114
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial zoning and an existing window-manufacturing operation define the property’s current commercial use.
Where is this warehouse located?
The property is located at 68 Garden St #1 Newark, NJ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 4,000‑square‑foot warehouse; 12‑foot overhead door; Currently operating as a window‑manufacturing facility
