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2-16 Avenue C

15,000 SF 100% Leased Industrial Building Newark, NJ 07114 For Sale

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Investment Highlights

First floor 10,000 SF
2 Drive-Ins

Second floor 5,000 SF
2023 taxes $15,590.50

Executive Summary

We are proud to introduce this warehouse available for sale. An opportunity for businesses seeking a strategic location to downsize, expand or establish their operations in this area. Consisting of 15,000 sq ft of warehouse space on .23 acres, Equipped with 2 drive ins. The site is also equipped with essential infrastructure, including water, electricity, gas, sewage, and internet connectivity.
Situated in the City of Newark, this property offers easy access to major transportation arteries, including Newark Airport, Port Newark, NJ Turnpike, and I-78.

2 Avenue C, Newark

Property Facts

Sale Type	Investment or Owner User	Rentable Building Area	15,000 SF
Property Type	Industrial	No. Stories	2
Property Subtype	Warehouse	Year Built	1940
Building Class	B	No. Drive In / Grade-Level Doors	2
Lot Size	0.23 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.

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	0.23 AC
Rentable Building Area	15,000 SF
No. Stories	2
Year Built	1940
No. Drive In / Grade-Level Doors	2
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.

Lighting
Gas - Natural
Water - City
Sewer
Heating

1 of 1

Walk Score ®

Very Walkable (81)

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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	14-01160-0000-00001	Improvements Assessment	$302,200
Land Assessment	$116,000	Total Assessment	$418,200

PROPERTY TAXES

Parcel Number

14-01160-0000-00001

Land Assessment

$116,000

Improvements Assessment

$302,200

Total Assessment

$418,200

zoning

Zoning Code	I-2; Newark City (The property is within the I-2 Industrial Medium zone making it suitable for various purposes such as manufacturing, and warehousing.)
I-2; Newark City (The property is within the I-2 Industrial Medium zone making it suitable for various purposes such as manufacturing, and warehousing.)