12,000 SF Building in
For Sale
$500,000
Pending
772 Dr Martin Luther King J, Newark, NJ 07102
Vacant 12,000 SF building suitable for redevelopment in Newark.
Property Size12,000 SF
Lot Size0.10 Acres
Days on Market267
Property Features for 772 Dr Martin Luther King J
General Information
Standard status
Pending
Size
12,000 SF
Lot size
0.10 Acres
Property subtype
Industrial
Building Details
Building Size
12,000 SF
Year Built
9999
Stories
2
Units
2
Listing Agency:
ROSA AGENCY
(973) 751-1000
Listed By:
GIANE A. LUZ
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 11
Last Checked: Aug 21 at 8:33AM
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 ROSA AGENCY
Investment Insights
Based on property information with market context.
This is a 12,000 square foot vacant building located in an area with new multifamily apartments. Previously used as a religious institution and day care facility, the property presents redevelopment opportunities. The building may be suitable for conversion into approximately 12 rental housing units, subject to architectural plans and imagination.
Key Highlights
- 12,000 sqft building suitable for development
- Located on a block with new multifamily apartments
- Potential to create 12 rental units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,014
Businesses Nearby
Explore this area
Business Placement
Demographics for 07102, NJ
15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Vacant 12,000 SF building suitable for redevelopment in Newark.
Where is this church & religious facility located?
The property is located at 772 Dr Martin Luther King J Newark, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 12,000 sqft building suitable for development; Located on a block with new multifamily apartments; Potential to create 12 rental units
