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Retail Space Near Prudential Center
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11-43 Raymond Plz W, Newark, NJ 07105

Retail space totaling 1,600 SF near Prudential Center and along McCarter Highway with 60,000+ vehicles daily.

Property Size1,600 SF
Days on Market308

Property Features for 11-43 Raymond Plz W

General Information

Standard status Active
Size 1,600 SF
Property subtype RETAIL

Additional Details

Traffic Count 60,000 vehicles/day
Listing Agency: Pierson Commercial Real Estate
Listed By: Jason Pierson
Source: Moodyscre
Added: Sep 26, 2025 Changed: Jul 28 Last Checked: Jul 30 at 2:18PM

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 for-lease retail space offers approximately 1,600 SF at 11-43 Raymond Plz W, Newark, NJ 07105.

The surrounding trade area is supported by significant local demand indicators, including a 300,000+ residential population within 3 miles and a 200,000+ daytime workforce/employee population. The area also includes four major universities totaling 60,000 students and faculty, and 14.5 million square feet of class A office space within the immediate trade area. Vehicle traffic is reported at 60,000+ vehicles passing the site daily along McCarter Highway. The property is located about two blocks from the Prudential Center (“The Rock”).

Key Highlights

  • Retail space totaling 1,600 SF near Prudential Center (The Rock) and along McCarter Highway
  • 60,000+ vehicles pass the site along McCarter Highway daily
  • 2 blocks from the Prudential Center

Property Analytics

Current Use

TransPerfect Legal Solutions Law Firm Meyner and Landis LLP Law Firm Choose New Jersey Social Service Agency Uncle Willie's Wings Restaurant SYSTRA A+E Engineering Consultant

Suggested Use

Top Pick Veterinary Clinic Storage Facility Nursing Home Garden Center Arcade & Gaming Center 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

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

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space totaling 1,600 SF near Prudential Center and along McCarter Highway with 60,000+ vehicles daily.
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 totaling 1,600 SF near Prudential Center (The Rock) and along McCarter Highway; 60,000+ vehicles pass the site along McCarter Highway daily; 2 blocks from the Prudential Center
(732) 707-6900 Call to check price and availability
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