122-128 11Th StNewark, NJ 07107

Property Details for 122-128 11Th St

Property type

Other commercial real estate

Property subtype

Other warehouses

Description

This exceptional ±30,000 square foot, two-story warehouse presents a compelling redevelopment opportunity in Newark, New Jersey. Located at 122-128 N 11th St., this property sits on a sizable ±0.23-acre lot (Block 1926, Lot 18) and is zoned R-4, offering significant potential for various uses. The building features a drive-in ramp providing access to a fully usable basement, with car-sized ramps leading to each floor, including the roof. Two large drive-in doors are present, one leading to the first floor and the other to the basement/garage space. Ceiling heights range from 9 to 10 feet, supported by 24' x 24' mushroom columns. The property's current use is for industrial auto parts storage. Conveniently located, it's just a one-minute walk from the NJ Transit Bus 41 stop, providing easy access to Orange, East Orange, and other parts of Newark. 2022 property taxes were $11,731.04. This is a rare chance to acquire a substantial warehouse in a desirable location with significant upside potential. The property's size and zoning make it ideal for a variety of redevelopment projects. Serious inquiries are encouraged.

Location Insight

City

Newark

County

Essex

State

New Jersey

Latitude

40.7594

Longitude

-74.1923

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