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615 Frelinghuysen Ave 10,158 SF Retail Building Newark, NJ 07114 $3,210,531 CAD ($316.06 CAD/SF)
Investment Highlights
- Existing auto-body business and commercial real estate are sold together!
- 5 drive-ins / 2 spray booths
- 10,158 SF building plus 7261 SF fenced parking lot plus street parking.
Executive Summary
Existing auto-body business and commercial real estate are sold together! Commercial real estate (CRE) asking price $2,335,000 / Business asking price $450,000 NEG. Total combined asking price $2,785,000 NEG.
10,158 SF building with 5 drive-ins, 2 spray booths (1 oversized for trucks and buses), and a mixing room. The property includes a 7261 SF fenced corner lot plus street parking on both streets – see attached listing brochure for details!
10,158 SF building with 5 drive-ins, 2 spray booths (1 oversized for trucks and buses), and a mixing room. The property includes a 7261 SF fenced corner lot plus street parking on both streets – see attached listing brochure for details!
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$47,592
|
$4.69
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$47,592
|
$4.69
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $47,592 |
| Annual Per SF | $4.69 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $47,592 |
| Annual Per SF | $4.69 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
10,158 SF
Building Class
C
Year Built/Renovated
1970/2025
Price
$3,210,531 CAD
Price Per SF
$316.06 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial (C-2) Existing Auto Body Shop
Parking
10 Spaces
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-03741-0000-00029 | Total Assessment | $1,049,947 CAD (2025) |
| Land Assessment | $426,155 CAD (2025) | Annual Taxes | $47,592 CAD ($4.69 CAD/SF) |
| Improvements Assessment | $623,792 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
14-03741-0000-00029
Land Assessment
$426,155 CAD (2025)
Improvements Assessment
$623,792 CAD (2025)
Total Assessment
$1,049,947 CAD (2025)
Annual Taxes
$47,592 CAD ($4.69 CAD/SF)
Tax Year
2026
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615 Frelinghuysen Ave
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