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245-249 Verona Avenue Newark, NJ $ 2,950,000
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$ 2,950,000 Get more info
245-249 Verona Avenue
$ 2,950,000
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245-249 Verona Avenue

Newark, NJ, 07104
$ 2,950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 18,164

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Commercial Property for sale in Newark, NJ

for $2,950,000. The lot size is 0.2.

Turn of the century 17,360 square foot building in the Forrest Hill section of Newark with very easy access to McCarter Highway route 21. Three floors total; 1st floor 6380 sqft, 2nd floor 6090 sqft, 3rd floor 4890 sqft, plus roof top. Inside you'll find a loading dock servicing the 1st /2nd floor and then fork lift access through back of building. Service elevator in back of building (not working as is). Abundant amount of electric: 240v, 3 phase, split service to each rentable floor/ unit. Very high ceilings on each of the floors. Drive in garage. Office area, conference room, and kitchenette lounge area with 2 balconies overlooking back of building. One rollup door garage in front and 1 drive in garage on lower basement level. Updated HVAC system.

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Commercial Active

Price

$ 2,950,000

Property Type

Commercial

Taxes

$ 12,558

Style

Lot Size

0.2

Town/City

Newark

County/Region

Essex

MLS | Web ID

22600125
Features
General
Sewer Public Sewer
Roof Flat
Garage Spaces 2.0
Construction Materials Brick
Electric 220 Volts
Stories Count 3
Property Subtype Commercial
Tax Year 2024
Business Type Warehouse Manufacturing Apartments Professional/Office
County Essex
New Construction N
Property Type Commercial Sale
Subdivision Name None
Garage Y/N Y
Building Features Freight Elevator
Status Active
Directions McCarter Highway to Verona
City Newark
Zoning Description Multi-Use Mixed Industrial
MLS Area Forest Hill
Lot Size Square Feet 8712.0
Carport Y/N N
Tax Annual Amount 12558.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Newark (NEW)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 330200
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Full Walk-Out Access
Total Fireplaces 0
Total Baths 0
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Exterior
Exterior Amenities Dock Height
Parking Features On Street On Site
Water Source Public
Total Parking 5.0
Lot Size Area 0.2
Spa N
Lot Dimensions 89 x 100
Lot Size Acres 0.2
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 245249
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* Excluded Features
List By
Michael Gruosso

Listing Agent

Keller Williams Realty East Monmouth

Broker

mikenjrealestate@gmail.com

Email

Affordability Calculator

$19,210
Per Month
95%
5%
0%
Monthly Principal & Interest
$18,164
Monthly Property Taxes
$1,047
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/2/2026$2,950,000 Listed Price

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245-249 Verona Avenue, Newark, NJ, 07104 is a Commercial Property for sale at $2,950,000 with a lot size of 0.2. The property's zip code is 07104 which is in Newark, NJ

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