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529-545 Raymond Blvd 36,500 SF Industrial Building Newark, NJ 07105 $4,999,000 ($136.96/SF)
INVESTMENT HIGHLIGHTS
- Prime Ironbound location near dining, retail, and cultural spots
- Vibrant community with easy access to downtown Newark businesses
- Close to Newark Penn Station and major regional highways
EXECUTIVE SUMMARY
Great industrial property opportunity in the heart of Newark, NJ.
PROPERTY FACTS
| Price | $4,999,000 | No. Stories | 3 |
| Price Per SF | $136.96 | Year Built | 1930 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.62 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 36,500 SF | ||
| Zoning | RDV - A multi-use zone for redevelopment. | ||
| Price | $4,999,000 |
| Price Per SF | $136.96 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.62 AC |
| Rentable Building Area | 36,500 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | RDV - A multi-use zone for redevelopment. |
AMENITIES
- Bus Line
- Commuter Rail
- Fenced Lot
- Skylights
- PATH
UTILITIES
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
RDV Zoning Asking rent: $15 NNN Taxes: 2024 $50,400.00
RDV Zoning Asking rent: $15 NNN Taxes: 2024 $50,400.00
RDV Zoning Asking rent: $15 NNN Taxes: 2024 $50,400.00 Ownership would consider a sale
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 20,920 SF | Industrial | Full Build-Out | 30 Days |
| 2nd Floor | 7,790 SF | Industrial | Full Build-Out | 30 Days |
| 3rd Floor | 7,790 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 20,920 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 7,790 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Floor
| Size |
| 7,790 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 20,920 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
RDV Zoning Asking rent: $15 NNN Taxes: 2024 $50,400.00
2nd Floor
| Size | 7,790 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
RDV Zoning Asking rent: $15 NNN Taxes: 2024 $50,400.00
3rd Floor
| Size | 7,790 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
RDV Zoning Asking rent: $15 NNN Taxes: 2024 $50,400.00 Ownership would consider a sale
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 14-02461-0000-00003 | Improvements Assessment | $683,100 |
| Land Assessment | $666,900 | Total Assessment | $1,350,000 |
PROPERTY TAXES
Parcel Number
14-02461-0000-00003
Land Assessment
$666,900
Improvements Assessment
$683,100
Total Assessment
$1,350,000
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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529-545 Raymond Blvd
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