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Upper-Level Retail Space

116 Greenwood Ave., Montclair, NJ 07042

For Lease
$1,400/Mo

Heating and electricity are included, with internet, cable, and fiber-optic service available.

Space SizeContact for details
Days on Market15

Property Features for 116 Greenwood Ave.

General Information

Standard status Active
Property subtype Commercial

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $26,995

Amenities

natural daylight
heat and electric included
internet available
cable available
fiber optic available
own entrance
on street parking
municipal lot parking
Central air
Asphalt Shingle Roof
Driveway-Shared
On-Street Parking
Radiators - Steam Heating
Wall A/C Unit(s) Cooling

Building Details

Year Built 1898
Listing Agency: FAIRMOUNT REALTORS
Listed By: MERCURE VOLT
Source: Corcoran
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 8 at 6:03AM

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 FAIRMOUNT REALTORS

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This upper-level retail space has a separate entrance reached by stairs along the side of the building. South-facing windows bring natural daylight into the space, which is identified for office, showroom, retail, or fitness studio use. Heating and electricity are included; internet, cable, and fiber-optic service are available. The building dates to 1898.

The property is across the street from the Walnut Street train station, with Walnut Street shops, restaurants, and a Saturday farmers market nearby. On-street parking and municipal lot parking are available in the area.

Key Highlights

  • Across the street from the Walnut Street train station
  • South‑facing windows provide natural daylight
  • Separate entrance via side stairs

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tech Support Center Storage Facility Auto Parts Store Mobile Phone Store

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
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,202
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Beauty & Spa 31% Dining 5%
TD Bank Shops & Services
8,336 visits/mo 0.4 miles
Pigtails & Crewcuts Beauty & Spa
5,570 visits/mo 0.3 miles
Firestone Complete Auto Care Shops & Services
1,555 visits/mo 0.4 miles
Conoco Shops & Services
1,451 visits/mo 0.3 miles
Domino's Pizza Dining
944 visits/mo 0.4 miles

Demographics for 07042, NJ

27,384
Population
11,682
Households
2.3
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
7,206
Density / Sq Mi
$127,083
Median Household Income
$75,856
Median Earnings
$2,017
Median Rent
$733,100
Median Home Value

Market

Average Price Trend$/SF/Yr for Retail space in Essex County, NJ

$24.75 Jul
$21.47 Aug
$23.76 Sep
$25.65 Oct

Properties on Market for Retail space in Essex County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Heating and electricity are included, with internet, cable, and fiber-optic service available.
Where is this retail space located?
The property is located at 116 Greenwood Ave. Montclair, NJ.
What is the lease rate?
The lease rate is $1,400/Mo.
What are key features of this property?
This property features: Across the street from the Walnut Street train station; South‑facing windows provide natural daylight; Separate entrance via side stairs
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