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31095179
32475966

160-178 Jelliff Ave, Newark, NJ 07108

JD
NJ 0342515
The Blau & Berg Company
Listed by The Blau & Berg Company
$3,950,000
80 days on market
Updated 23 days ago

160-178 Jelliff Ave

Details
Property Type Industrial
Sub Type Warehouse, Outdoor Storage
Square Footage 6,330
Cap Rate 7.00%
Occupancy 100%
Year Renovated 2023
Acreage 0.430
Zoning 4A Industrial / Commercial zoning
Ceiling Height 12'–15'

±6,330 SF Masonry Industrial Building Plus ±14,000 SF Lot for Sale

Marketing description

160–178 Jelliff Avenue presents a well-located fully leased industrial investment property in Newark’s Lower Clinton Hill industrial corridor. The property consists of two masonry industrial buildings totaling approximately ±6,330 SF, situated on ±0.43 acres (±19,434 SF). One of the buildings includes multiple floors, resulting in a smaller building footprint relative to the total building area. This configuration allows the site to maintain a substantial amount of open yard space, estimated at approximately ±14,000–15,000 SF of paved yard area based on the survey.

The buildings were renovated in 2023 and feature 12'–15' clear heights with multiple drive-in loading bays, supporting a variety of industrial and contractor-related uses. The site layout—with buildings positioned along the perimeter—creates an efficient central yard area suitable for vehicle circulation, storage, and operational use.

Strategically located within Newark, the property offers convenient access to Interstate 78, Route 1 & 9, the New Jersey Turnpike, Newark Liberty International Airport, and Port Newark / Port Elizabeth, making it well positioned for businesses serving the broader Northern New Jersey and New York City markets.

Investment highlights

  • Fully Leased Industrial Investment (7% CAP)
  • Total Building Area: ±6,330 SF across two industrial buildings
  • Lot Size: ±0.43 acres (±19,434 SF)
  • Large Paved Yard: Approximately ±14K–15K SF of outdoor yard area
  • Renovated: Improvements completed in 2023
  • Clear Height: Approximately 12'–15'
  • Loading: Multiple drive-in loading bays
  • Construction: Masonry industrial buildings
  • Zoning: 4A Industrial / Commercial zoning permitting a wide range of industrial uses
  • Flexible Layout: Buildings arranged around a large paved central yard area
  • Ideal Uses: Contractor yards, fleet parking, equipment storage, industrial outdoor storage (IOS)
  • Taxes (2025): $14,752.31

Listing Contacts

JD
NJ 0342515
The Blau & Berg Company
Listed by The Blau & Berg Company

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