160-178 Jelliff Ave - Warehouse FOR SALE


Newark, NJ 07108- Lower Clinton Hill
$3,950,000 USD
201-279-8442
160-178 Jelliff Ave, Newark, NJ for Sale
$3,950,000 USD
Warehouse - FOR SALE
1/16
null | 7.2% Cap Rate

160-178 Jelliff Ave
Newark, NJ 07108
Lower Clinton Hill


OVERVIEW

Fully leased industrial investment opportunity consisting of approximately ±6,330 SF across two masonry industrial buildings situated on a ±0.43-acre site in Newark’s highly sought-after infill industrial market. Property features a large paved ±14,000–15,000 SF outdoor storage and parking area ideal for contractor yards, fleet parking, equipment storage, and industrial outdoor storage (IOS) users. Renovated in 2023, the asset offers 12’–15’ clear heights, multiple drive-in loading bays, flexible building layouts, and 4A Industrial/Commercial zoning permitting a wide range of industrial uses. Strategically located minutes from I-78, Routes 1 & 9, NJ Turnpike, Newark Liberty International Airport, and Port Newark/Elizabeth, providing exceptional access throughout Northern New Jersey and the greater New York metropolitan area. Strong in-place cash flow combined with valuable paved yard space makes this a rare investment opportunity within a supply-constrained industrial corridor.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$624 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

±6,330 SF Masonry Industrial Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43

LAND SF

18,731

ZONING

4A

APN/PARCEL ID

14-02663-0000-00046

ASK ABOUT THIS PROPERTY

Juan DislaThe Blau & Berg CompanyMore Info
201-279-8442

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Juan DislaThe Blau & Berg CompanyMore Info
201-279-8442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.