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342 N 5th St
Newark, NJ 07107
Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class B
Lot Size 0.27 AC
Rentable Building Area 12,500 SF
No. Stories 1
Year Built 1900
Tenancy Single
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning R-3

AMENITIES

  • Bus Line
  • Commuter Rail
  • Security System
  • Skylights
  • Storage Space

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

ABOUT 342 N 5TH ST , NEWARK, NJ 07107

334-342 N 5th St. Call your investors and warehouse buyers! Fantastic location in Newark's North Ward just 1 block from the Park Ave Light Rail Station with downtown access. Also right off the I-280. Nice renovated brick construction with 16' ceilings, 12.5' DI doors, 3 active driveways, office space and 2.5 bathrooms. divided in a few big rooms, Great North Ward location just half a mile to the Cathedral, and .1 miles to NJ Transit bus and historic Branch Brook Park. 12,500 SqFt building is full of potential for industrial usage or potential developmental option. Currently zoned as R3 3 family and townhome, but has potential for conversion to R4 Midrise usage up to 30-40 Units!! Big multi family mixed use in construction down the block. This property underwent major renovation in the past months. Beautifully cleaned! Underground oil tank removed! Brand new boilers and hot water tank for the offices and Warehouse! Brand new camera security system!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-01934-0000-00019
  • 14-01934-0000-00020
Land Assessment
$212,500
Improvements Assessment
$943,500
Total Assessment
$1,156,000
  • Listing ID: 15453081

  • Date on Market: 3/15/2019

  • Last Updated:

  • Address: 342 N 5th St, Newark, NJ 07107

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