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    Property profile & analytics

    207 Avenue L Newark, NJ 07105

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 207 Avenue L

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 2-acre industrial property in Newark, NJ, offers a unique leasing opportunity. The site features a level, paved yard ideal for parking loaded chassis and heavy equipment, along with 1,000 square feet of office space in a trailer, equipped with dispatch and secretary desks. Security features include LED lighting, a sliding gate, fencing, and 24-hour guard service. The property is zoned for outdoor storage of products, materials, and equipment, making it suitable for logistical operations and staging. This gross lease includes all amenities and property expenses, providing a convenient and cost-effective solution. Its prime location offers easy access to major highways, tunnels, and bridges in the area, ensuring efficient transportation and logistics. One space is currently available for lease. The property is situated in Essex County.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1408
    Latitude
    40.724

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    207 Avenue L
    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
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