59 Pennsylvania AveNewark, NJ 07114

  • Other commercial real estate
  • 0.03 AC
For Lease

Property Details for 59 Pennsylvania Ave

Year built
2018
Lot size
0.03 AC
Property type
Other commercial real estate
APN
14 02822-0000-00002
APU
1402822000000002

Description

This exceptional 700-square-foot executive office space is available for lease at 59 Pennsylvania Avenue in Newark, New Jersey. Located in Essex County, this single-tenant property offers a versatile layout ideal for a variety of businesses. The building's total square footage is 700 square feet, with the entire space currently vacant and ready for immediate occupancy. The property's classification includes retail, office, and restaurant uses, making it suitable for a range of potential tenants. Its prime location in Newark offers easy access to major transportation routes and a vibrant urban environment. The address is 59 Pennsylvania Avenue, Newark, NJ 07114. This presents a unique opportunity for a business seeking a well-situated, move-in ready office space in a dynamic New Jersey city. The property is categorized as an executive office and commercial space, ensuring a professional and suitable environment. The building's size and single-tenant occupancy provide a private and efficient workspace. This is a fantastic opportunity to establish a presence in a thriving area with excellent accessibility. The property is ready for immediate occupancy, allowing for a quick and seamless transition for your business. Interested parties should inquire promptly to secure this desirable space. The property is situated at latitude 40.723841 and longitude -74.1807002.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $285,183
    Hospitality
    $261,226
    Educational
    $217,337
    Medical
    $224,812
    Retail
    $338,080
59 Pennsylvania Ave, Newark, New Jersey

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.7238
Longitude
-74.1806
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
$10,274
$30,600
$244,400
$275,000
-
$30,600
$244,400
$275,000

FAQs

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