973-379-6644
609-611 McCarter Hwy
Newark, NJ 07102
Downtown Newark
HIGHLIGHTS
- Versatile RDV Zoning.
- Positioned within a designated federal Opportunity Zone, offering potential long-term tax incentives for buyers and investors.
- Flexible Multi-Level Layout: Features a ±4,000 SF 2-story clear-span structure (±2,000 SF per floor) plus full basement storage potential.
- Located just ±0.8 miles from Newark Penn Station with immediate access to I-78, I-280, US Route 1 & 9, and Port Newark / Elizabeth.
OVERVIEW
Asking Price: $525,000
Total Building SF: ±4,000 SF
Price / SF: $131.25 / SF
Lot Size: ±0.08 AC (Block 878, Lot 53)
2025 Real Estate Taxes: $5,324.20
Opportunity Zone: Yes
Direct frontage along McCarter Highway (Route 21). Rare affordable owner-user or value-add investment opportunity in Downtown Newark with flexible RDV zoning. Exclusive brokerage representation by The Blau & Berg Company.
FOR SALE DETAILS
PRICE
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CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
±4,000 SF Industrial Opportunity
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
Light Manufacturing
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1935
UTILITIES
-
CLEAR CEILING HT
10 Ft
DOCKS
1
DRIVE INS
1
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.08
LAND SF
3,485
ZONING
RDV
APN/PARCEL ID
14-00878-0000-00053
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973-379-6644
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973-379-6644
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