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    122 11th St, Unit 128 Newark, NJ 07107-1118

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    122 11th St, Unit 128 Newark, NJ 07107-1118


    • Industrial properties
    • 0.23 lot acres
    Off-Market
    Property ID
    US59-1921619
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Park Avenue Storage Co / Warehouse & Storage

    Property Details for 122 11th St

    Construction
    BRICK
    Lot size
    0.23 lot acres
    Property type
    Industrial properties
    APN
    14 01926-0000-00018
    APU
    1401926000000018

    Description

    Exceptional investment opportunity: This 30,000 square foot, two-story warehouse at 122 North 11th Street, Newark, NJ 07107, is offered at $2,200,000. Situated on a 0.23-acre lot (Block 1926, Lot 18) in Essex County, this property boasts 9' and 10' ceiling heights with 24' x 24' mushroom columns. The building features two large drive-in doors, one accessing the first floor and another leading to a fully usable basement/garage space. A drive-in ramp provides convenient access to both floors, extending even to the roof. Currently used for industrial auto parts storage, this warehouse is zoned R-4, offering significant redevelopment potential. Annual property taxes were $11,731.04 in 2022. Conveniently located, it's a one-minute walk from the NJ Transit Bus 41 stop, providing easy access to Orange, East Orange, and Newark. This property presents a rare chance to acquire a substantial warehouse in a desirable Newark location. The versatile space and prime zoning make it ideal for a variety of industrial uses or redevelopment projects. Don't miss this opportunity to own a piece of Newark's thriving industrial sector.


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    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1923
    Latitude
    40.7594
    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
    $11,731
    $170,000
    $144,000
    $314,000
    -
    $170,000
    $144,000
    $314,000
    More about this property
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