For Sale
$7,500,000

668 Ferry StNewark, NJ 07105

High-yield industrial property, prime Newark location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 1-story, 7.5 million dollar warehouse situated on a sizable land parcel at 668 Ferry Street, Newark, New Jersey, 07105. The property boasts a strategic location within Essex County, offering easy access to major transportation arteries. Currently generating income through a lease with an established trucking company, and further enhanced by a billboard on the property, this asset presents a compelling return. The property's clean environmental record is a significant advantage for potential investors. The building itself is a single-story structure, built in an unspecified year. The property is classified as both commercial and warehouse space, and is currently not subdivided into individual units. Given the existing lease and billboard revenue, this property offers a strong foundation for immediate cash flow. The asking price is $7,500,000. Prospective buyers are advised to conduct their own due diligence. Please note that tenants should not be disturbed. This is a rare opportunity to acquire a well-located, income-producing industrial property in a thriving New Jersey market. The property's current use and income stream make it an attractive investment for those seeking a stable and profitable asset.

Highlights

  • $7,500,000 asking price.
  • Land and industrial property, specifically a warehouse, located at 668 Ferry Street, Newark, NJ 07105.
  • Currently leased to a trucking company with a billboard on the property.
  • Clean environmental record.
  • One-story building.

Property Details for 668 Ferry St

Property type
Warehouses, Land
Year Built
9999
Stories
1

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.733252
Longitude
-74.1324324
668 Ferry St, Newark, New Jersey

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668 Ferry St
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