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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)



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.
Corner Property.
Easy access to I-78
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.
WEBSITE: https://buildout.com/website/NewarkWay
Location Description
Two neighboring industrial buildings in commercial zone.
Corner Property.
Easy access to I-78
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.
WEBSITE: https://buildout.com/website/NewarkWay
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 | Rentable Building Area | 22,563 SF |
| Price Per SF | $132.43 | No. Stories | 2 |
| Sale Type | Owner User | Year Built/Renovated | 1942/2018 |
| Sale Condition | Lease Option | Cross Streets | Newark Way |
| Property Type | Industrial |
| Price | $2,988,000 |
| Price Per SF | $132.43 |
| Sale Type | Owner User |
| Sale Condition | Lease Option |
| Property Type | Industrial |
| Rentable Building Area | 22,563 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1942/2018 |
| Cross Streets | Newark Way |
1 1
Walk Score®
Very Walkable (73)
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2 Industrial Bldgs For Sale Essex County, NJ | 240 Rutgers Ave. st
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