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±48,797 SF Industrial Opportunity 328 Thomas St 48,797 SF Industrial Building Newark, NJ 07114 For Sale

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Investment Highlights

  • ±48,797 SF industrial facility with 17’–25’ clear heights
  • 120-foot truck court and 20-car parking in a fully fenced, secured lot
  • Prime Newark location near major highways, airport, and seaports
  • Six loading docks and one drive-in door for flexible operations
  • Recent capital improvements include new roof and repainted exterior

Executive Summary

Positioned in the heart of Newark’s industrial corridor, 328 Thomas Street offers a prime ±48,797 SF facility designed for efficient distribution and logistics operations. The property sits on a ±1.75-acre lot and features ceiling heights ranging from 17 to 25 feet, providing ample vertical clearance for racking and storage. With six loading docks and one drive-in door, the building ensures smooth loading and unloading for high-volume operations. A 120-foot truck court enhances maneuverability for large vehicles, while 20 dedicated parking spaces accommodate staff and visitors. The property includes ±8,638 SF of office space across two floors, ideal for administrative functions and operational oversight. Recent upgrades such as a new roof, repainted exterior, and white-boxed interior space deliver a clean, move-in-ready environment. LED lighting and 20’ x 20’ column spacing further optimize the warehouse for modern industrial users. Strategically located just 0.6 miles from US Highway 1 & 9 and within minutes of I-78, I-95, and I-280, the site offers exceptional regional connectivity. Newark Liberty International Airport is only 4.1 miles away, and the Ports of Newark and Elizabeth are within 5.4 miles, making this an ideal hub for import/export and last-mile distribution. The property also benefits from proximity to Penn Station and major tunnels, ensuring access to the New York metro market.

Attachments

ThomasSt(328)

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.75 AC
Rentable Building Area 48,797 SF
No. Stories 1
Year Built 1945
Tenancy Single
Parking Ratio 2.87/1,000 SF
Clear Ceiling Height 17’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning I-2

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 48,797 SF
  • Industrial
  • Full Build-Out
  • Now

The available space at 328 Thomas Street offers ±48,797 SF of industrial area with 17’–25’ clear heights, complemented by ±8,638 SF of office space across two floors. The property features six loading docks, one drive-in door, and a 120-foot truck court for efficient logistics. Additional benefits include 20 on-site parking spaces within a fully fenced and secured lot, ensuring both convenience and security for operations.

Space Size Space Use Condition Available
1st Floor 48,797 SF Industrial Full Build-Out Now

1st Floor

Size
48,797 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 48,797 SF
Space Use Industrial
Condition Full Build-Out
Available Now

The available space at 328 Thomas Street offers ±48,797 SF of industrial area with 17’–25’ clear heights, complemented by ±8,638 SF of office space across two floors. The property features six loading docks, one drive-in door, and a 120-foot truck court for efficient logistics. Additional benefits include 20 on-site parking spaces within a fully fenced and secured lot, ensuring both convenience and security for operations.

Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
14-01147-01-00015
Land Assessment
$875,000
Improvements Assessment
$1,252,500
Total Assessment
$2,127,500
  • Listing ID: 39625153

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 328 Thomas St, Newark, NJ 07114

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