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    921 Delancy St Newark, NJ 07105

    For Lease
    Contact for pricing

    17 Acres, Divisible, Essex County

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 17-acre commercial land parcel presents a unique investment opportunity in Newark, New Jersey. Located at 921 Delancy Street, this single-tenant property offers significant development potential. The expansive lot size provides ample space for a variety of commercial ventures, with the possibility of subdivision to accommodate multiple projects. The property's zoning (not specified in provided data) will dictate the permissible uses, which should be independently verified. Situated in Essex County, this location benefits from convenient access to major transportation arteries, facilitating efficient logistics and commuting for employees and customers. The address is 921 Delancy Street, Newark, NJ 07105. The property's total building square footage is listed as 1 square foot, indicating that there are no existing structures on the land. This presents a blank canvas for a new construction project tailored to specific business needs. Given the size and location, this property is well-suited for large-scale commercial development, potentially including warehousing, distribution centers, or other industrial uses. Further due diligence is recommended to fully assess the property's potential and suitability for intended purposes. The latitude and longitude coordinates are 40.7062573, -74.1296964. The property is classified as commercial land with single tenancy.

    Property Features for 921 Delancy St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 17‑acre commercial land parcel in Newark, NJ, at 921 Delancy Street, offering significant development potential.
    • Flat, level graveled site with container storage, outside storage, and truck parking allowed.
    • Secure, gated location.
    • Excellent access to major transportation arteries, including the NJ Turnpike, Routes 78, 21, 1 & 9, and proximity to Newark Airport and Port Newark.
    • Flexible lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1296964
    Latitude
    40.7062573

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    FAQs

    What type of property is this?
    Land - 17 Acres, Divisible, Essex County
    Where is this land located?
    The property is located at 921 Delancy St Newark, NJ.
    What are key features of this property?
    This property features: 17-acre commercial land parcel in Newark, NJ, at 921 Delancy Street, offering significant development potential.; Flat, level graveled site with container storage, outside storage, and truck parking allowed.; Secure, gated location.
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    Newark, NJ 07105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    921 Delancy St Newark, NJ 07105
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