Essex County · Newark City · #24CP000513
54-66 Lockwood St
54-66 Lockwood St, Newark City, NJ · 211,388 sq ft non-residential, warehouse & storage
About this project
A new storage building of about 211,388 sq ft on Lockwood Street in Newark, Essex County, NJ, with a reported construction cost of about $12.7 million.
Official description: Storage building, moderate hazard; reported construction cost $12,661,550
- Plan type
- Building permit (new construction)
- Land use
- Storage building, moderate hazard
- Status
- Permit
Filing history
- 2024-03-12 · #24CP000513 · Building permit (new construction) · 211,388 sq ft
The full picture AI research · Nov 1, 2026
County records describe a new storage building of about 211,388 square feet at 54-66 Lockwood Street in Newark, with a reported construction cost of about $12.7 million. That is a very large single building, roughly the size of several big-box stores.
Broker listings found online describe a building of that same size at 54 Lockwood Street. They say it was built in 2024 and is offered for lease as warehouse and distribution space, with about 209,000 sq ft of warehouse and 2,100 sq ft of office. The listings mention a 40-foot ceiling height, truck loading stalls and extra parking. They also say the site is about a mile from the New Jersey Turnpike. No tenant was named. No news coverage, hearing notices or opposition were found. The records also don't say what was on the site before.
What it could mean nearby
- Truck traffic is likely, because the building has many loading stalls and is close to the Turnpike and the port area.
- A building of this size would normally bring warehouse jobs, but no hiring figures were found.
- The records give no sign of new homes, open space or school effects.
Where it stands
The latest county filing is dated March 2024. Broker listings suggest the building was finished in 2024 and is now being leased. Typically the next steps are a certificate of occupancy and a tenant moving in.
- Mar 2024 Latest county planning filing for the project
- 2024 Building reported as built in broker listings
- Jan 2022 Property reported as sold for about $6 million, per a property-data site
Want to weigh in? Newark's planning and zoning boards decide on development applications, and residents can usually comment at their public meetings. The building appears to be already built, so no open hearing was found.
Around the web
- 54 Lockwood Street, Newark – Warehouse/Distribution for LeaseCushman & WakefieldA broker listing for a 211,388 sq ft warehouse/distribution building built in 2024, available for lease.
- 54 Lockwood St, Newark, NJ 07105CityfeetA commercial listing for the same address and building.
Planning terms explained
- Warehouse/distribution
- A large building used to store goods and send them out by truck.
- Certificate of occupancy
- A city document confirming a finished building is safe to use.
- NNN lease
- A lease in which the tenant pays rent plus taxes, insurance and upkeep.
- Clear height
- The usable ceiling height inside a warehouse, which affects how high goods can be stacked.
Researched by AI from public sources on Nov 1, 2026. It can make mistakes, so check the linked sources and the municipality before relying on it.
Scope estimate for contractors
Estimated construction value: $27.5M
- ~2,113 roofing squares (assumes 1 story)
- ~528 tons of cooling (rule of thumb 400 sq ft/ton)
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