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Property profile & analytics
OFF-MARKET
Refrigerated & Cold Storage

75 Goble St Newark, NJ 07114

2,500 SF
Entity Owned 2-yr Hold
Property ID
US59-0763201
Property summary
AI-generated overview

This exceptional 2,500 square foot industrial property, located at 75-77 Goble Street in Newark, New Jersey's Ironbound section, presents a unique owner-user opportunity. Completely renovated in 2023, this warehouse boasts a 13-foot ceiling height and two convenient loading docks, making it perfect for various industrial uses. The property sits on a 5,000 square foot lot and is zoned for light industrial use, accommodating light manufacturing, distribution, and storage. Pre-installed blowers offer the potential for conversion to cold storage. Its prime location offers easy access to major transportation arteries, including McCarter Highway, I-78, Route 1 & 9, and the New Jersey Turnpike. The property's proximity to Newark Liberty International Airport, Port Newark, and Elizabeth Port, along with a short 30-minute drive to Manhattan, provides unparalleled logistical advantages. An additional 2,500 square feet of parking is available next door, ensuring ample space for vehicles and operations. This turnkey property is priced at $900,000 and represents a compelling investment for businesses seeking a strategically located and well-equipped industrial space in a thriving area.

Property profile
Verified
Property type Refrigerated & Cold Storage
Total area 2,500 SF
UPID US59-0763201
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
75 77 Goble Street Newark LLC · 2 yrs held
75 77 Goble Street Newark LLC
since 2023
2 recorded transactions
2023
$450,000
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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