18 Green StNewark, NJ 07102

  • Other commercial real estate
  • 0.05 AC
For Lease
$21.45/SF/YR View listing

Property Details for 18 Green St

Construction
BRICK
Lot size
0.05 AC
Property type
Other commercial real estate
APN
14 00865-0000-00118
APU
1400865000000118

Description

This exceptional 3rd-floor office space at 18 Green St, Newark, NJ, offers a unique opportunity for businesses seeking a vibrant downtown location. Located in a 4-story building, this single-tenant space features a separate entrance, newly installed windows, and impressive 10-foot ceilings, allowing for an abundance of natural light. The layout includes two bathrooms and a convenient storage closet. The property is zoned COMM and situated in Essex County, offering easy access to key transportation routes and amenities. Its proximity to the Prudential Center, Newark Town Hall, and Municipal Court provides unparalleled visibility and accessibility. Ideal for offices, service businesses, or even podcasting studios, this space presents a chance to establish a presence in the heart of Newark's revitalized downtown area. The building's property type includes restaurant and retail options on lower floors, offering potential for synergistic business opportunities. Annual property taxes are calculated at $25,266.57 per square foot. The building does not have elevators. This is a rare opportunity to secure a highly desirable office space in a thriving urban environment.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $383,398
    Hospitality
    $351,191
    Educational
    $292,187
    Medical
    $302,235
    Retail
    $454,513
18 Green St, Newark, New Jersey
Leaflet | © OpenStreetMap contributors

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.7323
Longitude
-74.1729
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$25,267
$327,600
$348,700
$676,300
-
$327,600
$348,700
$676,300

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