32 Prince St
Newark, NJ 07103
Property For Lease

Huge 80x179 Lot. Over 14,000 sqft of land, plus existing office building with 12 office suites. Property is in solid move in conditions. New roof, updates electrical fixtures, some new windows. 30 parking spaces currently leased to Union County, with an open lease, meaning it can be terminate with 60 days notice. County is responsible of Snow & Ice removal. Incredible opportunity for the right mind, either develop the land or owner user opportunity with very low overhead on the mortgage as part of such is paid by the union county rental income. Location, Location, location ! In the heart of downtown Elizabeth, business district, very busy road, 5misn walk to the Elizabeth town train station, 2 mins walk to bus stop, 5 mins drive to Elizabeth airport. Across from Crown Bank, and next to Wells Fargo bank. Property can be turned into commercial boxes as well and rent to national tenants, Dunking Donuts, Restaurants etc.... Endless opportunities.