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98-104 Murray St
Newark, NJ 07114

THE NEWARK INDUSTRIAL ARTS BUILDING · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Service
Building Class B
Lot Size 0.70 AC
Rentable Building Area 60,000 SF
No. Stories 5
Year Built/Renovated 1910/1966
Parking Ratio 1.08/1,000 SF
Clear Ceiling Height 16 FT
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 3

Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Front Loading
  • Property Manager on Site
  • Security System

Utilities

  • Water - City
  • Sewer - City
  • Heating - Gas

About 98-104 Murray St , Newark, NJ 07114

All major roads, I-95, Route 80, Route 208, Route 9, and I-78, lead to this property at 98-104 Murray Street, where this 5-story 60,000sf brick building is located at the intersection of Route 21 McCarter Blvd. and Murray Street, seven minutes from Newark Airport and the Port of Newark. This stunning brick building features 2 gated parking lots: Parking Lot #1 of 2 offers 50 spaces and Parking Lot #2 of 2 offers 5 Loading docks that can accommodate 5 x 53 foot trailers at the same time. Multiple drive-ins on 3 sides of the building and direct access to all major roadways make this the ultimate location for convenience for any business fortunate to call 98-104 Murray home. Top if all off with a stunning brick exterior and charming exposed brick interior walls, that make this place look and feel like a hotel, and this is a true gem in terms of utility and pride of ownership. Place your business at the heart of the South Ironbound district, seven minutes from Newark Airport and Port Newark, in Newark’s busy commercial corridor. Separate Freight Elevator and Passenger Elevators with gated access to each tenant’s space plus, 24 camera security system, gated parking lots, and on site property manager, make this a highly secure and convenient location for AAA businesses. Features 1200a 750v 3-phase power for the most demanding users, 16-foot ceilings, plenty of natural light, and convenient location across the street from a gas station make this a tenant’s dream. 12,00sf per Floor 3 Layouts per Floor or Build to Suit Parking Lot 1 of 2: 50 Spaces for Cars Parking Lot 2 of 2: Interior Courtyard with Loading and Unloading for 5 x 53 Foot Trailers at the same time. Across the street from a gas station makes fueling easy for tenants and trucks; 2 Elevators with Gated Floor by Floor Access Minutes from Newark Airport and Newark Airport Parking Beautiful Exterior Means Pride of Ownership - Looks like a hotel and would make an amazing residence, office, or industrial site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-00901-0000-00012
  • 14-00901-0000-00023
  • 14-00901-0000-00026
  • 14-00901-0000-00029
  • 14-00901-0000-00028
Land Assessment
$761,400
Improvements Assessment
$3,750,000
Total Assessment
$4,511,400

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 11281710

  • Date on Market: 1/17/2018

  • Last Updated:

  • Address: 98-104 Murray St, Newark, NJ 07114

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