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157 Foundry St - 157 Foundry

2 Acres of Commercial Land Offered at £9,546,240 in Newark, NJ 07105

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Investment Highlights

Rail Access

Executive Summary

2 acre property that backs up to rail. currently 2 buildings in rear. One building 4 floors, 9,600 sq ft per floor. Needs to be knocked down. Other building consists of 15,000 sq ft. Broken down into two 7500 sq ft sections side by side. Owner occupies 1 acre lot in front for their business. Possible seller financing with larger down payment.

157 Foundry St

Scan2024-12-19_124228

Property Facts

Price	£9,546,240	Property Subtype	Commercial
Sale Type	Investment or Owner User	Total Lot Size	2.00 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	£9,546,240
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	2.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£9,546,240	Lot Size	2.00 AC
Price Per AC	£4,773,120

Price	£9,546,240
Price Per AC	£4,773,120
Lot Size	2.00 AC

2 acre property that backs up to rail. currently 2 buildings in rear. One building 4 floors, 9,000 sq ft per floor. Could be knocked down. Other building consists of 15,000 sq ft. Broken down into two 7500 sq ft sections side by side.

Description

2 acre property that backs up to rail. currently 2 buildings in rear. One building 4 floors, 9,600 sq ft per floor. Could be knocked down. Other building consists of 15,000 sq ft. Broken down into two 7500 sq ft sections side by side. Owner occupies 1 acre in front. Possible Owner financing with larger down payment.

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(201) 259-7167

Contacts

John Marzano
Justin Smith
Logistics Real Estate Services

Listing ID: 34244118
Date on Market: 19/12/2024
Last Updated:
Address: 157 Foundry St, Newark, NJ 07105

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157 Foundry St, Newark, NJ for sale Primary Photo- Image 1 of 3 — 1000032577

157 Foundry St, Newark, NJ for sale Building Photo- Image 2 of 3 — 1000032580

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