228 Miller StNewark, NJ 07114
- Commercial real estate
- 0.06 AC
Property Details for 228 Miller St
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.06 AC
- Property type
- Commercial real estate
- APN
- 14 01179-0000-00075
- APU
- 1401179000000075
Description
This exceptional industrial property, located at 228 Miller Street in Newark, New Jersey, presents a compelling investment opportunity. The ±5,000 square foot building sits on a ±0.06-acre lot (25' x 100'), offering ample space for various industrial uses. The property features a two-story structure with a basement, providing versatile storage and operational areas. Ceiling heights range from 10 to 12 feet, accommodating a variety of equipment and processes. The building benefits from two loading bays, simplifying logistics and material handling. Heating is provided by a gas suspended system. The property is zoned I-2, allowing for a range of industrial applications. The 2022 property taxes were $5,364.90. This prime location in Essex County, New Jersey, offers easy access to major transportation routes, making it an ideal choice for businesses seeking efficient operations and strategic distribution. The property's size, features, and zoning make it suitable for a variety of manufacturing and warehousing needs. This is a rare opportunity to acquire a well-located industrial property in a thriving market. The address is 228 Miller Street, Newark, NJ 07114.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $473,098
- Hospitality
- $433,355
- Educational
- $360,546
- Medical
- $372,946
- Retail
- $560,850
Location Insight
- City
- Newark
- County
- Essex
- State
- New Jersey
- Latitude
- 40.7178
- Longitude
- -74.1768
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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