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309 Fairmount Ave 1,800 SF Industrial Building Newark, NJ 07103 $405,000 ($225/SF)
INVESTMENT HIGHLIGHTS
- Located in a highly accessible area, within close proximity to major highways, public transportation.
- Added benefit of an office that provides a dedicated space for administrative and operational tasks.
- Includes well-maintained bathrooms for convenience.
EXECUTIVE SUMMARY
This prime commercial warehouse space offers a versatile solution for businesses seeking both storage and office functionality. The property features a spacious warehouse area perfect for storage, distribution, or light manufacturing, with the added benefit of an office that provides a dedicated space for administrative and operational tasks. Additionally, it includes well-maintained bathrooms for convenience. Located in a highly accessible area, the warehouse is within close proximity to major highways, public transportation, making it an ideal location for businesses looking to establish themselves in a high-traffic, strategic part of Newark. This space presents an excellent opportunity for companies looking to grow or expand in this thriving area.
PROPERTY FACTS
| Price | $405,000 | Lot Size | 0.04 AC |
| Price Per SF | $225 | Rentable Building Area | 1,800 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1955/2015 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 14’ |
| Zoning | Residential | ||
| Price | $405,000 |
| Price Per SF | $225 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.04 AC |
| Rentable Building Area | 1,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2015 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| Zoning | Residential |
AMENITIES
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 14-00277-0000-00047 | Improvements Assessment | $150,700 |
| Land Assessment | $31,200 | Total Assessment | $181,900 |
PROPERTY TAXES
Parcel Number
14-00277-0000-00047
Land Assessment
$31,200
Improvements Assessment
$150,700
Total Assessment
$181,900
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309 Fairmount Ave
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