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98-104 Murray St
Newark, NJ 07114
Industrial Property For Sale
Investment Highlights
- Approx. 5 min from Newark International Airport and the Port of Newark, providing direct access to major transportation, logistics and employment hubs
- Available with the adjacent 120,000 BSF lot
- ±60,000 SF Existing Building | 5 Stories | ±12,000 SF Floor Plates | ±20,207 SF Lot | ±13'–16' Clear Heights | NYC Views
- Brick Industrial Construction | Substantial Window Lines | Elevator Access
- Adaptive Reuse / Conversion Potential | Delivered Vacant
- Potential to combine with the adjacent ±19,567 SF development site, creating a ±39,774 SF total assemblage with approximately ±180,000 SF of combined
Executive Summary
SALE NOTES — EXISTING BUILDING
±60,000 SF five-story brick industrial building situated on an approximately 20,207 SF lot at the corner of Murray Street and Austin Street in Newark.
The building features approximately ±12,000 SF floor plates, substantial window lines, elevators and ±13'–16' clear heights, offering strong potential for adaptive reuse, residential conversion, creative office, institutional or mixed-use redevelopment, subject to zoning and approvals.
The property may also be combined with the adjacent five-lot development site totaling ±19,567 SF with approximately ±120,000 buildable SF, creating a combined assemblage of approximately ±39,774 SF of land with significant frontage along Murray Street, Austin Street and Broad Street.
±60,000 SF five-story brick industrial building situated on an approximately 20,207 SF lot at the corner of Murray Street and Austin Street in Newark.
The building features approximately ±12,000 SF floor plates, substantial window lines, elevators and ±13'–16' clear heights, offering strong potential for adaptive reuse, residential conversion, creative office, institutional or mixed-use redevelopment, subject to zoning and approvals.
The property may also be combined with the adjacent five-lot development site totaling ±19,567 SF with approximately ±120,000 buildable SF, creating a combined assemblage of approximately ±39,774 SF of land with significant frontage along Murray Street, Austin Street and Broad Street.
Property Facts
Utilities
- Lighting
- Gas
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