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    400 Ferry St Newark, NJ 07105

    Sponsored
    For Lease
    Contact for pricing

    27,838 SF Flex Space Available

    Lot size:
    27,838 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 27,838-square-foot flex space at 400 Ferry Street in Newark, New Jersey, presents a unique opportunity. The property boasts a multitude of desirable features, including a recently renovated exterior, updated roofs, fresh paint, improved common areas, new signage, and upgraded windows. Loading is facilitated by two interior loading docks and five drive-in doors, complemented by twelve parking spaces. The warehouse space features a substantial 21-foot ceiling height, ideal for various industrial uses. The space is entirely temperature-controlled, further enhanced by several refrigerated/cooler boxes of varying sizes. Approximate dimensions for these temperature-controlled areas include four 30' x 45' boxes, two 24' x 20' boxes, and one 25' x 25' box. The warehouse also includes convenient floor drains for efficient waste management. This fully vacant building is ready for immediate occupancy and offers significant potential for a variety of businesses seeking a modern and well-maintained industrial space in a prime Newark location. The property is located at 400 Ferry Street, Newark, NJ 07105.

    Property Features for 400 Ferry St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,838 SF

    Unit(s) available at that property

    Space
    400 Ferry Street
    Size
    27,838 SF

    HighLights

    • 27,838 SF Available Space
    • 21' Clear Ceiling Height
    • Two (2) Loading Docks with Overhead Doors
    • Five (5) Drive‑In Spaces Available
    • 15+ Parking Spaces in Adjacent New Lot
    • $10M+ Capital Improvement Plan (Roof, Exterior, Common Areas, Signage, Windows, Loading, Elevators, Parking)
    Property Profile Location Intelligence

    Current Use by Public Records

    AeroFarms Farm World Pac Wholesaler

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply 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
    -74.1454661
    Latitude
    40.7306213

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    FAQs

    What type of property is this?
    Flex space - 27,838 SF Flex Space Available
    Where is this flex space located?
    The property is located at 400 Ferry St Newark, NJ.
    What are key features of this property?
    This property features: 27,838 SF Available Space; 21' Clear Ceiling Height; Two (2) Loading Docks with Overhead Doors
    Request Owner's contact information
    400 Ferry St Newark, NJ 07105
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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
    400 Ferry St Newark, NJ 07105
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