245-249 Verona Avenue, Newark, NJ 07104
$2,950,000
Property Type:
Commercial
Lot Size (sq. ft.):
8,712
Status:
Active
Current Price:
$2,950,000
List Date:
1/02/2026
Last Modified:
1/05/2026
Overview
Description
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.
Listing Details MLS# 22600125
Contract Info
- Property Sub-Type
- Commercial
- Sale
- Yes
- Lease
- No
- New Construction
- No
Location
- House Number
- 245-249
- Street Name
- Verona
- Street Suffix
- Avenue
- County
- Essex
- Municipality
- Newark (NEW)
- Postal City
- Newark
- State
- NJ
- Zip Code
- 07104
- Area/Section
- Forest Hill
- Complex/Subdivision
- None
- Directions
- McCarter Highway to Verona
General Property Info
- # Levels
- 3
- # Elevators
- Yes
- Garage
- Yes
- # Car Garage
- 2
- # Parking Spaces
- 5
- Acreage
- 0.2
- Lot Dimensions
- 89 x 100
- Business Operating
- Yes
Tax and Legal
- Asmnt - Total
- 330200
- Taxes
- 12558
- Tax Year
- 2024
Miscellaneous
- # Docks
- 2
- Min Ceiling Height
- 12
Income & Expenses
- # Rental Units
- 3
More Information
Use
- Apartments
- Yes
- Manufacturing
- Yes
- Professional/Office
- Yes
- Warehouse
- Yes
Interior
- Freight Elevator
- Yes
Zoning
- Industrial
- Yes
- Mixed
- Yes
- Multi-Use
- Yes
Electric
- 220 Volts
- Yes
- 200 - 400 AMP
- Yes
Basement
- Full
- Yes
- Walk-Out Access
- Yes
Gas
- On Site
- Yes
Water Heater
- Natural Gas
- Yes
Heating
- Natural Gas
- Yes
Water
- Public Water
- Yes
Sewer
- Public Sewer
- Yes
Exterior
- Dock Height
- Yes
- Loading Dock
- Yes
Parking
- On Site
- Yes
- On Street
- Yes
Assessment Status
- Assessed
- Yes
Roof
- Flat
- Yes
Material
- Brick
- Yes
Documents Available
- Site Plan
- Yes
Property Features
Use:
Apartments; Manufacturing; Professional/Office; Warehouse
Interior:
Freight Elevator
Basement:
Full; Walk-Out Access
Heating:
Natural Gas
Water Heater:
Natural Gas
Water:
Public Water
Sewer:
Public Sewer
Gas:
On Site
Electric:
220 Volts; 200 - 400 AMP
Exterior:
Dock Height; Loading Dock
Parking:
On Site; On Street
Roof:
Flat
Material:
Brick
Zoning:
Industrial; Mixed; Multi-Use
Assessment Status:
Assessed
Documents Available:
Site Plan
Listing Office:
Keller Williams Realty East Monmouth
Listing Agent:
Michael Gruosso
Last Updated: January - 05 - 2026
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