Industrial Property for Sale in Newark, NJ
- Price: $1M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Newark, NJ 07105
- Size: 4,500 SF
- Year built: 1960
Description
Prime Warehouse & Office Space – Heart of the Ironbound District, Newark, NJ Discover a versatile 4,500 SF warehouse and office property located in the Grove Street Neighborhood Development Plan Zone of Newark’s thriving Ironbound District . This strategically positioned property offers unmatched accessibility to Newark Liberty International Airport , Port Newark , and New York City , making it ideal for businesses that depend on logistics, manufacturing, or urban distribution. The property features a spacious ground-floor warehouse with a large bay and garage door for easy loading, plus a second-floor storage area for operational efficiency. The four private offices include built-in cabinetry and bookcases, while the front kitchenette adds daily convenience with a sink, refrigerator, and storage. With three half baths and one full bath , air-conditioned office areas , and immediate availability , this property is perfectly suited for companies seeking a functional, well-connected workspace in one of Newark’s most dynamic commercial corridors. Address: Grove Street Neighborhood Development Plan Zone, Ironbound Section, Newark, NJ Total Size: ±4,500 SF Use: Warehouse / Office / Flex Zoning: Grove Street Neighborhood Development Plan (mixed commercial/industrial) Two-story flex building featuring: Ground-floor warehouse with one bay and full garage door for loading Second-floor storage area Four office rooms with built-ins and cabinetry Kitchenette with sink, refrigerator, and storage Three half baths + one full bath Air-conditioned office area Condition: Vacant, turnkey, immediate occupancy. Ideal Uses: Logistics, light manufacturing, contractor operations, or small distribution firms requiring proximity to Port Newark , EWR Airport , and NYC metro . Building SF: 4500 | Land Size: 0.13 Ac | Year Built: 1960 | Listing Type: FOR SALE
Market Context
This industrial in Newark, NJ is listed for sale at $1,049,000 across 4,500 SF ($233/SF). It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1960. It has been on the market for 39 days. Compare it against other industrial listings for sale in Newark, NJ — <a href="/search/sale/industrial/new-jersey/newark">view the full market</a>.
As of Q1 2026, the New Jersey industrial market showed a 8.0% vacancy rate, and average asking rents near $20.00/SF/yr. Source: Consensus Q1 2026 market report.
Industrial market FAQ
- Is the New Jersey industrial market tightening or softening?
- Vacancy is around 8.0% (Q1 2026).
Unified Estimate
Medium Confidence$97.11/SF – $131.39/SF
Mid: $114.25/SF
Total estimate for 4,500 SF: $514,125
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Cheryl Darmanin — KW Commercial | Montclair, NJ | Cheryl Darmanin · +19176960802 · Cheryl@darmgrp.com
- Cheryl Darmanin · +19176960802 · Cheryl@darmgrp.com
Explore this market
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