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    920 Broadway Newark, NJ 07104

    For Sale
    $2,200,000

    9,000 SF Warehouse, Excellent Location

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property, located at 920 Broadway in Newark, New Jersey (07104), offers 9,000 square feet of versatile space ideal for distribution, manufacturing, or warehousing operations. Situated on a 15,000 square foot lot, the single-story Class C building features a 16-foot ceiling height, providing ample vertical space for storage. The property boasts two loading docks with two dock-high doors, facilitating efficient loading and unloading of large trailers. A concrete floor ensures durability and ease of maintenance. Further enhancing its functionality, the property includes usable basement storage, offering additional capacity. The property is zoned for industrial use, ensuring flexibility for a variety of business applications. This turnkey solution presents a compelling opportunity for businesses seeking a well-equipped and strategically located warehouse in the thriving Newark market. The asking price for this exceptional property is $2,200,000.

    Property Features for 920 Broadway

    General Information

    Property type
    Distribution properties
    Square Feet
    9,000 SF
    Class
    C

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 9,000 SF industrial building on a 15,000 SF lot in Newark, NJ (07104).
    • Single‑story Class C building with 16' ceiling height.
    • Two loading docks with two dock‑high doors and concrete floor.
    • Includes usable basement storage.
    • Zoned for industrial use; asking price: $2,200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Taino's Kitchen On Wheels Puerto Rican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.15475611408
    Latitude
    40.780816084574

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    FAQs

    What type of property is this?
    Distribution property - 9,000 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 920 Broadway Newark, NJ.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 9,000 SF industrial building on a 15,000 SF lot in Newark, NJ (07104).; Single-story Class C building with 16' ceiling height.; Two loading docks with two dock-high doors and concrete floor.
    Request Owner's contact information
    920 Broadway Newark, NJ 07104
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    Newark, NJ 07104
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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
    920 Broadway Newark, NJ 07104
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