347-935-0216
98-104 Murray St, Newark, NJ for Sale
Warehouse - FOR SALE
1/22
null | Request Cap Rate

98-104 Murray St
Newark, NJ 07114
South Broad Street


HIGHLIGHTS

  • Approx. 5 min from Newark International Airport and the Port of Newark, providing direct access to major transportation, logistics and employment hubs
  • Brick Industrial Construction | Substantial Window Lines | Elevator Access
  • Available with the adjacent 120,000 BSF lot
  • Adaptive Reuse / Conversion Potential | Delivered Vacant
  • ±60,000 SF Existing Building | 5 Stories | ±12,000 SF Floor Plates | ±20,207 SF Lot | ±13'–16' Clear Heights | NYC Views
  • Potential to combine with the adjacent ±19,567 SF development site, creating a ±39,774 SF total assemblage with approximately ±180,000 SF of combined

OVERVIEW

SALE NOTES — EXISTING BUILDING ±60,000 SF five-story brick industrial building situated on an approximately 20,207 SF lot at the corner of Murray Street and Austin Street in Newark. The building features approximately ±12,000 SF floor plates, substantial window lines, elevators and ±13'–16' clear heights, offering strong potential for adaptive reuse, residential conversion, creative office, institutional or mixed-use redevelopment, subject to zoning and approvals. The property may also be combined with the adjacent five-lot development site totaling ±19,567 SF with approximately ±120,000 buildable SF, creating a combined assemblage of approximately ±39,774 SF of land with significant frontage along Murray Street, Austin Street and Broad Street.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

5

DRIVE INS

3

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.91

LAND SF

39,774

ZONING

Industrial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Avi GarmaMAG Realty Associates LLCMore Info
347-935-0216

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Avi GarmaMAG Realty Associates LLCMore Info
347-935-0216

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