122-128 11Th St Newark, NJ 07107
- Warehouses
Current Use by Public Records
- Warehouses
Property Details for 122-128 11Th St
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional ±30,000 square foot, two-story warehouse presents a compelling redevelopment opportunity in Newark, New Jersey. Located at 122-128 N 11th St., this property sits on a sizable ±0.23-acre lot (Block 1926, Lot 18) and is zoned R-4, offering significant potential for various uses. The building features a drive-in ramp providing access to a fully usable basement, with car-sized ramps leading to each floor, including the roof. Two large drive-in doors are present, one leading to the first floor and the other to the basement/garage space. Ceiling heights range from 9 to 10 feet, supported by 24' x 24' mushroom columns. The property's current use is for industrial auto parts storage. Conveniently located, it's just a one-minute walk from the NJ Transit Bus 41 stop, providing easy access to Orange, East Orange, and other parts of Newark. 2022 property taxes were $11,731.04. This is a rare chance to acquire a substantial warehouse in a desirable location with significant upside potential. The property's size and zoning make it ideal for a variety of redevelopment projects. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1923
- Latitude
- 40.7594
