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841-855 Broadway

Off-Market

843 Broadway, Newark, NJ 07104

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  • Property Type Industrial - Manufacturing
  • Property Size 377,590 SF
  • Lot Size 8.74 Acre
  • Parking Spaces Avail. 18
  • Parking Ratio 0.05/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1931

Location

  • City Newark, NJ
  • Neighborhood North Broadway
  • Zip Code 07104
  • Market New Jersey

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Newark

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Newark Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $36.88
  • 2020 Office Vacancy Rate 14.66%
  • 2020 Office Completions (SF)
View more Newark market trends

Tax

  • Property Tax in 2021 $242,402
  • Market Value* $6,379,000
  • Assessed Value $6,379,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 841-855 Broadway?

841-855 Broadway totals 377,590 square feet.

When was this property built?

841-855 Broadway was built in 1931.

What is the property tax for 841-855 Broadway?

The property tax for 841-855 Broadway in 2021 was $242,402.

What is the market value for 841-855 Broadway?

The market value* for 841-855 Broadway in 2021 was $6,379,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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