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Investment Highlights
- IMMEDIATE VALUE-ADD OPPORTUNITY: • $2.5 MM projected NOI growth over 4-years
- HIGH-BARRIER SUPPLY-CONSTRAINED SUBMARKET DYNAMICS: • Located within New Jersey’s largest industrial submarket, totaling 83.3 MSF of inventory
- IDEAL PORT NEWARK / ELIZABETH LOCATION: • Minutes from Newark Airport, Port of Newark / Elizabeth, I-95, I-78 and Route 9
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1948/2021 |
| Property Subtype | Distribution | Parking Ratio | 0.33/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 7.77 AC | No. Dock-High Doors/Loading | 17 |
| Rentable Building Area | 201,560 SF | No. Drive In / Grade-Level Doors | 4 |
| Zoning | R3 | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 7.77 AC |
| Rentable Building Area | 201,560 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1948/2021 |
| Parking Ratio | 0.33/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 17 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | R3 |
Amenities
- Controlled Access
- Fenced Lot
- Property Manager on Site
Utilities
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Diverse Logistics
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99,999 SF
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Diverse Logistics | - | 99,999 SF | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
The property is strategically positioned minutes from Port Newark–Elizabeth Marine Terminal and Newark Liberty International Airport, providing immediate connectivity to the New Jersey Turnpike (Exits 13A & 14), I-78, Route 9, and the greater New York City metro area. LED Lighting
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 14,000-139,500 SF | Industrial | Partial Build-Out | 30 Days |
1st Floor
| Size |
| 14,000-139,500 SF |
| Space Use |
| Industrial |
| Build-Out |
| Partial Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 14,000-139,500 SF |
| Space Use | Industrial |
| Build-Out | Partial Build-Out |
| Available | 30 Days |
The property is strategically positioned minutes from Port Newark–Elizabeth Marine Terminal and Newark Liberty International Airport, providing immediate connectivity to the New Jersey Turnpike (Exits 13A & 14), I-78, Route 9, and the greater New York City metro area. LED Lighting
Property Taxes
| Parcel Number | 04-00012-0000-00448 | Improvements Assessment | $25,191,000 |
| Land Assessment | $20,819,800 | Total Assessment | $46,010,800 |
Property Taxes
Presented by
1000 Jefferson Ave
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