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    OFF-MARKET
    Warehouses

    891 Newark Ave, Elizabeth, NJ 07208

    299,999 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    The Elizabeth Metropolitan Logistics Center, located at 891 Newark Ave, Elizabeth, NJ 07208, presents a rare opportunity to lease premier industrial space in the thriving Port Market submarket. This state-of-the-art facility, completed in 2024, boasts two single-story buildings totaling 299,999 square feet, offering flexible lease options. Two spaces are currently available, one measuring 103,912 square feet and the other 196,087 contiguous square feet, making it ideal for a variety of distribution and cold storage needs. The facility features a generous 40-foot ceiling height, 53 loading docks, and ample parking with 258 spaces. Situated on a 19.75-acre lot, this strategically located property provides easy access to major transportation arteries, including Newark Liberty International Airport, Port Newark, and the New Jersey Turnpike Interchange 13A. Its convenient location just minutes from Manhattan's access points makes it an unparalleled opportunity for businesses seeking efficient logistics and distribution solutions. The property's modern design and ample space ensure optimal operational efficiency and scalability for your business. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Warehouses
    Year built 2024
    Total area 299,999 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • South Atlantic Logistics Logistics Company Freight Service
    • Trans Rail Warehouse Warehouse & Storage
    • United Fibers Trading Inc Recycling Center Waste Management Facility
    • Mack Transport Services Freight Service Logistics Company
    • J J & J Contractor Loading Experts Trucking Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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