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

Retail space with strong local demand, positioned about two blocks from the Prudential Center.

Property Size12,915 SF
Days on Market308

Property Features for 11-43 Raymond Plz W

General Information

Standard status Active
Size 12,915 SF
Property subtype RETAIL

Additional Details

Highway Access Yes
Listing Agency: Pierson Commercial Real Estate
Listed By: Jason Pierson
Source: Moodyscre
Added: Sep 26, 2025 Changed: Jul 29 Last Checked: Jul 30 at 2:06PM

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.

Retail space totaling 12,915 square feet, well suited for a wide range of neighborhood-oriented uses that benefit from steady pedestrian and commercial activity.

The surrounding trade area includes a 3-mile residential population of 300,000+ and a 200,000+ daytime workforce. The immediate area also features 4 major universities totaling 60,000 students and faculty, along with 14.5 million square feet of class A office space. Visibility and access are supported by 60,000+ vehicles passing the site daily along McCarter Highway, with the Prudential Center located approximately 2 blocks away.

For tenants seeking a retail location tied to dense urban demand and frequent passing traffic, this offering provides a compact floorplate in a market anchored by major employment, education, and event draw.

Key Highlights

  • 12,915 square feet retail space
  • 2 blocks to the Prudential Center (“The Rock”)
  • 60,000+ vehicles pass the site daily on McCarter Highway

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

Yes
Highway access
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 with strong local demand, positioned about two blocks from the Prudential Center.
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: 12,915 square feet retail space; 2 blocks to the Prudential Center (“The Rock”); 60,000+ vehicles pass the site daily on McCarter Highway
(732) 707-6900 Call to check price and availability
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