Retail Space Near Major
For Lease
Contact for pricing
11-43 Raymond Plz W, Newark, NJ 07105
Retail space for lease with strong local demand drivers and heavy daily vehicle traffic nearby.
Property Size8,367 SF
Days on Market140
Property Features for 11-43 Raymond Plz W
General Information
Standard status
Active
Size
8,367 SF
Property subtype
RETAIL
Additional Details
Traffic Count
60,000 vehicles/day
Listing Agency:
Pierson Commercial Real Estate
(732) 707-6900
Listed By:
Jason Pierson
Source:
Moodyscre
Added: Mar 13
Changed: Jul 27
Last Checked: Jul 30 at 11:13AM
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 Pierson Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail space is available for lease and sits within a large Newark-area trade area supported by significant residential population and daytime workforce. The immediate area also includes multiple major universities, adding to the local concentration of students, faculty, and employees.
The site is positioned about two blocks from the Prudential Center and benefits from roadway exposure with 60,000+ vehicles passing the site along McCarter Highway daily. Within the nearby trade area, there is also 14.5 million square feet of class A office space, contributing to consistent weekday activity.
Overall, the location provides a strong blend of residential, employment, and institutional demand, paired with high-volume traffic visibility for retail users.
The site is positioned about two blocks from the Prudential Center and benefits from roadway exposure with 60,000+ vehicles passing the site along McCarter Highway daily. Within the nearby trade area, there is also 14.5 million square feet of class A office space, contributing to consistent weekday activity.
Overall, the location provides a strong blend of residential, employment, and institutional demand, paired with high-volume traffic visibility for retail users.
Key Highlights
- Retail space for lease in an area with 60,000+ vehicles passing along McCarter Highway daily
- Within 2 blocks of the Prudential Center (“The Rock”)
- Immediate trade area includes 14.5 million SF of class A office space
Property Analytics
Current Use
Lease Details
60,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,384
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 31%
Dining 25%
Shops & Services 24%
Apparel 11%
DoubleTree by Hilton Newark Penn Station
Hotels & Casinos
16,051 visits/mo
0.1 miles
Starbucks
Dining
11,346 visits/mo
0.3 miles
Robert Treat Hotel
Hotels & Casinos
10,442 visits/mo
0.2 miles
TD Bank
Shops & Services
10,303 visits/mo
0.2 miles
TD Bank
Shops & Services
10,290 visits/mo
0.3 miles
Demographics for 07105, NJ
50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space for lease with strong local demand drivers and heavy daily vehicle traffic nearby.
Where is this retail space located?
The property is located at 11-43 Raymond Plz W Newark, NJ.
What are key features of this property?
This property features: Retail space for lease in an area with 60,000+ vehicles passing along McCarter Highway daily; Within 2 blocks of the Prudential Center (“The Rock”); Immediate trade area includes 14.5 million SF of class A office space
