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2 Industrial Bldgs For Sale Essex County, NJ 240 Rutgers Ave. st 22,563 SF Industrial Building Maplewood, NJ 07040 $2,988,000 ($132.43/SF)
Investment Highlights
- Corner Property
- Easy access to I-78
Executive Summary
FOR SALE: Two industrial buildings on a corner lot in Maplewood's industrial corridor. Block & beam construction currently used as warehousing, tool shop & offices. 2 tailgates, 12' high door. 30 parking spaces. Active DEP remediation in progress. RAO expected in 2027-28.
Location Description
Two neighboring industrial buildings in commercial zone.
20 minutes to Port Newark.
Highlights
TWO PROPERTIES:
240 RUTGERS AVE.
Land: 17,859 sf
13,680 sf 1st & 2nd fls.
6,840 sf basement
Tailgate
101 NEWARK WAY:
Land 1: 12,405 sf
8,883 sf building
8,883 sf basement accessed by stairs
Tailgate & high door.
30 shared parking spaces total.
Location Description
Two neighboring industrial buildings in commercial zone.
20 minutes to Port Newark.
Highlights
TWO PROPERTIES:
240 RUTGERS AVE.
Land: 17,859 sf
13,680 sf 1st & 2nd fls.
6,840 sf basement
Tailgate
101 NEWARK WAY:
Land 1: 12,405 sf
8,883 sf building
8,883 sf basement accessed by stairs
Tailgate & high door.
30 shared parking spaces total.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,988,000 | Lot Size | 0.41 AC |
| Price Per SF | $132.43 | Rentable Building Area | 22,563 SF |
| Sale Type | Owner User | No. Stories | 2 |
| Sale Condition | Lease Option | Year Built/Renovated | 1942/2018 |
| Property Type | Industrial | Cross Streets | Newark Way |
| Building Class | B |
| Price | $2,988,000 |
| Price Per SF | $132.43 |
| Sale Type | Owner User |
| Sale Condition | Lease Option |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 0.41 AC |
| Rentable Building Area | 22,563 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1942/2018 |
| Cross Streets | Newark Way |
Amenities
- Air Conditioning
1 1
Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Number | 11-00048-47-00167-02 | Improvements Assessment | $1,068,000 |
| Land Assessment | $300,000 | Total Assessment | $1,368,000 |
Property Taxes
Parcel Number
11-00048-47-00167-02
Land Assessment
$300,000
Improvements Assessment
$1,068,000
Total Assessment
$1,368,000
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2 Industrial Bldgs For Sale Essex County, NJ | 240 Rutgers Ave. st
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