169 Frelinghuysen Ave Newark, NJ 07114
- Warehouses
- 10,500 SF
- 0.16 lot acres
Current Use by Public Records
- American Export Lines / Freight Forwarding Service / Trucking Company
Property Details for 169 Frelinghuysen Ave
- Year built
- 1960
- Lot size
- 0.16 lot acres
- Property size
- 10,500 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional industrial property, located at 169-171 Frelinghuysen Avenue in Newark, Essex County, New Jersey, presents a compelling investment opportunity. The 10,500 square foot warehouse, built in 1960, sits on a 0.16-acre lot and boasts a desirable industrial zoning designation. The building features a spacious layout including approximately 8,500 square feet of warehouse space and approximately 2,000 square feet of mezzanine office space on the second floor. High ceilings, measuring 18 feet, provide ample vertical space for storage and operations. Efficient loading is ensured with three loading docks: two interior truck bays and one drive-in dock. The property also includes off-street parking. The asking price is $2,650,000, translating to $165 per square foot. Annual property taxes for 2023 were $47,681.12. This well-located Newark warehouse offers significant potential for a variety of industrial uses. The property's size, features, and location make it an attractive option for businesses seeking a functional and strategically positioned space in a thriving industrial area. The zip code is 07114.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1876
- Latitude
- 40.716
