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South Street Warehouse and Retail 3 Properties in Newark, NJ
Investment Highlights
- Three commercial assets encompassing industrial (16,000 SF), office (10,000 SF), and retail (5,000 SF) uses in a high-density Newark corridor.
- Flexible MX-2 mixed-use/commercial positioning suited for light industrial, automotive, retail, office, or future urban redevelopment.
- Immediate access to US Hwy 1 & 9 (0.7 mi), I-78 (1.4 mi), I-95 (2.0 mi), and Newark Liberty International Airport (4.2 mi).
- 100% occupied by 7 stable tenants, providing immediate cash flow and tenant diversification.
Executive Summary
Portfolio Sale: 3-property commercial portfolio sold together as a single package (265-269 South St, 258-260 South St, and 335-337 Jefferson St).
Asset Breakdown: 265-269 South St (16,000 SF Industrial), 258-260 South St (10,000 SF Office), 335-337 Jefferson St (5,000 SF Retail).
Existing Tenancy: Fully leased to 7 tenants across auto repair/sales, office, retail, and assembly/house of worship uses.
Taxes (2025): $71,474.13 Total ($32,711.82 for Block 1146, Lot 27 + $38,762.31 for Block 951 parcels).
Strategic Highway Access: 0.7 MI to US Hwy 1 & 9, 1.4 MI to I-78 (Exit 56), 1.5 MI to Newark Penn Station, 2.0 MI to I-95 (Exit 14), 4.2 MI to Newark Airport, and 4.8 MI to Ports Newark & Elizabeth.
Asset Breakdown: 265-269 South St (16,000 SF Industrial), 258-260 South St (10,000 SF Office), 335-337 Jefferson St (5,000 SF Retail).
Existing Tenancy: Fully leased to 7 tenants across auto repair/sales, office, retail, and assembly/house of worship uses.
Taxes (2025): $71,474.13 Total ($32,711.82 for Block 1146, Lot 27 + $38,762.31 for Block 951 parcels).
Strategic Highway Access: 0.7 MI to US Hwy 1 & 9, 1.4 MI to I-78 (Exit 56), 1.5 MI to Newark Penn Station, 2.0 MI to I-95 (Exit 14), 4.2 MI to Newark Airport, and 4.8 MI to Ports Newark & Elizabeth.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 31,000 SF |
| Number of Properties | 3 | Total Land Area | 0.58 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 31,000 SF |
| Total Land Area | 0.58 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 265-269 South St, Newark, NJ 07114 | Industrial | 16,000 SF | 1948 | - |
| 258-260 South St, Newark, NJ 07114 | Office | 10,000 SF | 1960 | - |
| 335-337 Jefferson St, Newark, NJ 07105 | Retail | 5,000 SF | 1960 | - |
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