Price Reduction
245-249 Verona Ave Newark City, NJ
$ 1,299,000
Property Attributes
  • ID#3663070
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • NeighborhoodForrest Hills
  • Zip07104
  • StyleManufacturing
  • Year Built1916
  • Taxes12418
  • Price$ 1,299,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms3
  • Sqr Footage17360
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Data Source:
Garden State MLS
Property Description

Turn of the century 17,360 square foot MANUFACTURING 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. 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. Updated HVAC system. Currently being used as a metal manufacturing and polishing business.

Price History
9/10/2020 Listed $1,736,000
3/24/2021 9% - $1,590,000
4/12/2021 19% - $1,299,000

General Features

Construction Brick/Block, Wood
Cooling 1 Unit
Drive 1 Car Width, 2 Car Width, Concrete Strip
Heating 3 Units
Number Of Amps 400
Prior Use Metal Manufacturing and Polishing
Property Type Industrial Complex - Light, Manufacturing, Mixed Use
Property Type Manufacturing
Roof Flat, Rubberized
Sewer Public Sewer
Tax Annual Amount 12418
Total Units 4
Town # 1614
Township Newark City
Utilities Electric, Gas-Natural
Zoning Manufactoring

Interior Features

Basement Full, Storage, Walkout
Fuel Type Gas-Natural

Exterior Features

Building Area Total 17360
Exterior Description Brick/Block
Lot Dimensions 89X100
Max Ceiling Height 20
Max Door Height 10
Number Of Bays 2
Number Of Docks 1
Number Of Doors 2
Water Source Public Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07104

AVG $360K
AVG $16,547
AVG 97
Year Built
AVG 1942
AVG 79
Data Provided by Walkscore ® not using MLS data

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