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Property profile & analytics

83 Hartford St, Unit 89 Newark, NJ 07103-2833

  • Industrial properties
  • 0.35 lot acres
OFF-MARKET
Last Sale
Apr 16, 2025
$1,525,000
Value Estimations
$1,525,000
Cap Rate Potential
Location Intelligence
Property ID
US59-1006218
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.

Current Use by Public Records

  • Industrial properties

Property Details for 83 Hartford St

Construction
BRICK
Lot size
0.35 lot acres
Property type
Industrial properties
APN
14 01838-0000-00001
APU
1401838000000001

Description

This exceptional 13,350-square-foot warehouse, located at 83-89 Hartford Street in Newark, New Jersey, presents a compelling investment opportunity. Situated in the MX-2 zoned area, this free-standing building boasts a convenient location adjacent to the Rutgers University campus. The property features a single, full-height gated loading dock, ensuring efficient goods handling. The warehouse itself has undergone partial renovations and offers high ceilings, averaging 18 feet in height, providing ample storage space. The building also includes approximately 2,000 square feet of office space, perfect for administrative functions, and an additional 1,500 square feet of basement area, offering versatile storage or expansion potential. Two bathrooms are conveniently located within the building. Secure gated parking is available on the flat lot, providing ample space for vehicles and equipment. The asking price for this exceptional property is $2,550,000, translating to $191.01 per square foot. This represents a strong value proposition in a desirable location with excellent access to transportation and a thriving academic community. The property's strategic location and functional design make it ideal for a variety of industrial and storage uses. This is a rare opportunity to acquire a well-maintained warehouse in a prime Newark location.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

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  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.1882
Latitude
40.7454
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
$23,813
$312,400
$325,000
$637,400
-
$312,400
$325,000
$637,400
More about this property
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