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839 N 6th St

10,073 SF 100% Leased Industrial Building Newark, NJ 07107 £2,195,564 (£218/SF)

Executive Summary

Attention Builders and Investors! This is your chance to be part of an exciting development in one of Newark's most sought-after locations. Nestled in the heart of Newark's North Ward, adjacent to the historic Branch Brook Park, this property offers a unique opportunity to create a landmark development. Zoning-C-2 Commercial Community, approx. 12,501 sq.ft. lot, spanning two expansive lots. Centrally located in a thriving neighborhood, perfect for commercial or mixed-use development. Includes garage parking and high bulk zoning, offering versatile building possibilities. Just a 4-7 minute walk to Silver Lake and Branch Brook Park Light Rail stations, with direct access to NYC Penn Station. Close proximity to Newark Liberty Int'l Airport, major highways, and a short walk to Branch Brook Park, known for its annual Cherry Blossom Festival, tennis courts, and more. Steps away from Marshall's, Stop & Shop, Staples, Chase Bank, Starbucks, and other popular spots. This is an unparalleled opportunity to develop a commercial or mixed-use property in a prime location with significant foot traffic and excellent transportation links. Don't miss the chance to turn this property into a key anchor in Newark's vibrant North Ward. Schedule a tour and explore the potential of this lucrative investment! Exceptional opportunity in Newark's North Ward! Develop a commercial or mixed-use property on 2 lots: Lot 20 (vacant office building & tenanted automotive garage) and Lot 24 (parking). Potential to subdivide into 3 smaller lots, unlocking additional development possibilities.

Property Facts

Price £2,195,564
Price Per SF £218
Sale Type Investment or Owner User
Sale Conditions
Portfolio Sale
  • Development Sale
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • OfficeLoft Creative Space
  • Office Office Residential
Building Class C
Lot Size 0.29 AC
Rentable Building Area 10,073 SF
Number of Floors 2
Year Built 1960
Parking Ratio 1.99/1,000 SF
Level Access Doors 5
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-00748-01-00020
Land Assessment
£189,827
Improvements Assessment
£252,502
Total Assessment
£442,329

zoning

Zoning Code C-2 (C-2 Community Commercial)
C-2 (C-2 Community Commercial)
  • Listing ID: 33063297

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 839 N 6th St, Newark, NJ 07107

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