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    212 Miller St Newark, NJ 07114

    Sponsored
    For Sale
    Contact for pricing

    Multiple Warehouses, Flexible Sizes, Excellent Location

    Property size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional portfolio comprises six contiguous warehouse properties located at 212-222 Miller Street, Newark, NJ 07114, in Essex County. The properties offer a combined total of 4,500 to 27,000 square feet of versatile industrial space, perfect for a variety of uses. Each building benefits from I-2 zoning, allowing for diverse operational possibilities. The combined lot size totals 0.36 acres. The buildings feature a significant number of loading docks—a total of 14—ensuring efficient and seamless logistics. Ceiling heights range from approximately 10 to 12 feet, providing ample vertical space for storage and operations. This prime location in Newark offers easy access to major transportation arteries, making it an ideal choice for businesses seeking a strategic distribution hub. The properties are being offered for sale as a portfolio, presenting a unique opportunity to acquire a substantial industrial footprint in a thriving New Jersey market. The individual addresses are 212, 214, 216, 218, 220, and 222 Miller Street. This is a rare opportunity to acquire a consolidated industrial holding in a high-demand area.

    Property Features for 212 Miller St

    General Information

    Property type
    Distribution properties
    Square Feet
    4,500 SF
    Lot Size
    15,682 SF

    HighLights

    • Industrial warehouse space totaling 4,500 - 27,000 square feet.
    • Located in Newark, NJ, Essex County, with multiple addresses on Miller Street (212‑222).
    • I‑2 zoning.
    • 0.36‑acre lot size.
    • Features 14 loading docks and ceiling heights of approximately 10' - 12'.
    Property Profile Location Intelligence

    Current Use by Public Records

    M Bross Produce Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.177436
    Latitude
    40.7180669

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    FAQs

    What type of property is this?
    Distribution property - Multiple Warehouses, Flexible Sizes, Excellent Location
    Where is this distribution property located?
    The property is located at 212 Miller St Newark, NJ.
    What are key features of this property?
    This property features: Industrial warehouse space totaling 4,500 - 27,000 square feet.; Located in Newark, NJ, Essex County, with multiple addresses on Miller Street (212-222).; I-2 zoning.
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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
    212 Miller St Newark, NJ 07114
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