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Mixed-Use Development with Retail
For Lease
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10 Commerce Street, Newark, NJ 07102

Redevelopment plan combines street-level commercial space, residential apartments, basement amenities, and rooftop event space.

Space Size1,359 SF - 2,389 SF
Property Size3,748 SF
Days on Market104

Property Features for 10 Commerce Street

General Information

Standard status Active
Size 1,359 SF - 2,389 SF
Property subtype Retail, Office, Restaurant

Building Details

Building Size 3,748 SF
Stories 12
Tenancy Multiple

Spaces For Lease

at 10 Commerce Street Contact us

Space 1

Size
1,359 SF
Type
Office, Restaurant, Retail
Availability
Active
Contact us

Space 2

Size
2,389 SF
Type
Office, Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Grid Real Estate LLC
Listed By: Bobby Antonicello, CCIM · License #NJ 1326757
Source: Crexi
Added: May 20 Changed: Aug 29 Last Checked: Aug 29 at 7:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grid Real Estate LLC

Investment Insights

Based on property information with market context.

The planned redevelopment at 10 Commerce Street will reposition an existing office building as a mixed-use property. The 12-floor building is designed with retail space and a café on the ground level, while floors 2 through 12 will contain 110 residential units with one- and two-bedroom layouts. Basement areas are planned for amenities and storage.

A rooftop component will add indoor amenity space along with an outdoor event area. The project is located in Newark, New Jersey, and is aligned with the Living Downtown Redevelopment Plan.

Key Highlights

  • Planned conversion of an existing office building into a 12‑floor mixed‑use development
  • 110 residential units with one- and two‑bedroom layouts across floors 2 to 12
  • Ground‑level retail spaces and a café

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Buffet Locksmith Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,355
Businesses Nearby

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Redevelopment plan combines street-level commercial space, residential apartments, basement amenities, and rooftop event space.
Where is this mixed-use property located?
The property is located at 10 Commerce Street Newark, NJ.
What are key features of this property?
This property features: Planned conversion of an existing office building into a 12‑floor mixed‑use development; 110 residential units with one- and two‑bedroom layouts across floors 2 to 12; Ground‑level retail spaces and a café
(201) 300-6489 Call to check price and availability
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