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    Property profile

    891 Newark Ave Elizabeth, NJ 07208

    OFF-MARKET
    Warehouses
    299,999 SF Built 2024
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    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

    Current use

    Occupant on record · Public records
    • Logistics Company Freight Service
    • Warehouse & Storage
    • Recycling Center Waste Management Facility
    • Freight Service Logistics Company
    • Trucking Company
    5 occupants on record

    Location

    891 Newark Ave Elizabeth, NJ 07208
    Elizabeth metro
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $4,455,000
      1,825,000 SF
      1015 Newark Ave, Unit 1027
      INDUSTRIAL (GENERAL)
      1015 Newark Ave, Elizabeth, NJ 07208-3518
      View Details
    • Value Estimation
      $21,905,000
      300,000 SF
      828 Newark Ave, Unit 838
      INDUSTRIAL (GENERAL)
      828 Newark Ave, Elizabeth, NJ 07208-3515
      View Details
    • Value Estimation
      $440,000
      1.74 Acres
      10 Smt Rd
      INDUSTRIAL (GENERAL)
      10 Smt Rd, Elizabeth, NJ 07208-1216
      View Details
    • Value Estimation
      $5,790,000
      75,613 SF
      1001 Newark Ave, Unit 1013
      INDUSTRIAL (GENERAL)
      1001 Newark Ave, Elizabeth, NJ 07208-3576
      View Details
    • Value Estimation
      $450,000
      6,116 SF
      420-422 Broad St, Unit 422
      COMMERCIAL (GENERAL)
      420-422 Broad St, Elizabeth, NJ 07208-3365
      View Details
    • Value Estimation
      $350,000
      1,416 SF
      512 Broad St, Unit 522
      COMMERCIAL (GENERAL)
      512 Broad St, Elizabeth, NJ 07208-3302
      View Details

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    Similar Nearby for Lease

    • New
      Contact for pricing
      196,087 sqft
      Flex Space with Dock Loading
      Flex warehouse space offers loading with tailboards and a drive-in ramp door plus EV car ports.
      891 Newark Ave, Elizabeth, NJ 07208
      View Details
    • Contact for pricing
      Office Space for Lease
      Office space offered for lease at 433 N Broad St in Elizabeth, NJ.
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      View Details
    • New
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      Renovated 3-4 bedroom apartment with hardwood floors, large windows, and a private balcony off the kitchen.
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    • $1,200/Mo
      Medical/Office Space For Rent
      Medical/office space available for rent.
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      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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