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207 Avenue L Newark, NJ 07105

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

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

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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