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668 Ferry St Newark, NJ 07105

OFF-MARKET Warehouses Google Maps
Built 9999
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents a 1-story, 7.5 million dollar warehouse situated on a sizable land parcel at 668 Ferry Street, Newark, New Jersey, 07105. The property boasts a strategic location within Essex County, offering easy access to major transportation arteries. Currently generating income through a lease with an established trucking company, and further enhanced by a billboard on the property, this asset presents a compelling return. The property's clean environmental record is a significant advantage for potential investors. The building itself is a single-story structure, built in an unspecified year. The property is classified as both commercial and warehouse space, and is currently not subdivided into individual units. Given the existing lease and billboard revenue, this property offers a strong foundation for immediate cash flow. The asking price is $7,500,000. Prospective buyers are advised to conduct their own due diligence. Please note that tenants should not be disturbed. This is a rare opportunity to acquire a well-located, income-producing industrial property in a thriving New Jersey market. The property's current use and income stream make it an attractive investment for those seeking a stable and profitable asset.

Property profile

Verified
Property type Warehouses
Year built 9999

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

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
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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