Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1048 Raymond Blvd Newark, NJ 07102

    For Lease
    Contact for pricing

    Built-to-suit fitness center space in the heart of Newark.

    Property size:
    13,210 SF
    Lot size:
    2.29 Acres

    Property Features for 1048 Raymond Blvd

    General Information

    Size
    13,210 SF
    Lot size
    2.29 Acres

    Source: Pierson Commercial Real Estate Agent Jason Pierson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fitness Center Opportunity in Newark

    This 13,210 square foot space presents a built-to-suit opportunity for a new fitness center. Formerly a New York Sports Club, the space features ceiling heights of 22 feet to the deck. It is located in the heart of the Gateway Center and The Junction retail area, situated at the top of the atrium adjacent to the Penn Station Entrance. The location offers high visibility to the employee and commuter population. There is an exterior signage opportunity with visibility to McCarter Highway/Route 21, Raymond Plaza West, and the rail line.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Adore Holli Events Party Planner Hotels Us Hilton Hotel Adecco Staffing Temp Agency Empire Auto Transport Trucking Company Market Street Bar ... Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Club Metro USA, Azores Social & Sports Club, Kessler Rehabilitation Center - Newark, Bare Aesthetics NJ, Ciclovias em Newark

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.166959
    Latitude
    40.736233

    Nearby Similar for Lease

    • $8,500 /Mo
      4,500 SF

      Newark Industrial Space For Rent

      Versatile industrial space in Newark's Ironbound section, ideal for various uses.
      372-376 Adams St, Newark, NJ 07114
      View Details
    • $4,000 /Mo
      1,500 SF

      Newark City Turnkey Office Space

      Turnkey office space in Newark's Forest Hill neighborhood.
      654 Mount Prospect Ave, Newark, NJ 07104
      View Details
    • $7,000 /Mo
      2,614 SF

      Ironbound Warehouse/Office Combo with Parking

      Flexible warehouse/office space in Newark's vibrant Ironbound district.
      98 Delancy St, Newark, NJ 07105
      View Details
    • $4,500 /Mo
      2,000 SF

      Newark City Turnkey Office Space

      Turnkey office space in Newark's Forest Hill section.
      654 Mount Prospect Ave, Newark, NJ 07104
      View Details
    • $1,999 /Mo
      2,614 SF

      Newark Retail Space For Lease

      Ground-floor retail space in a new mixed-use building.
      549 S Orange Ave, Newark, NJ 07103
      View Details
    • $1,500 /Mo
      3,049 SF

      Retail Space with Approved License

      Commercial space with approved smoke license in Newark City.
      154 Elizabeth Ave, Newark, NJ 07108
      View Details

    FAQs

    What type of property is this?
    Fitness center & gym - Built-to-suit fitness center space in the heart of Newark.
    Where is this fitness center & gym located?
    The property is located at 1048 Raymond Blvd Newark, NJ.
    What are key features of this property?
    This property features: - Tremendous built-to-suit opportunity for a new fitness center.; - Located in the heart of the Gateway Center and The Junction retail, adjacent to Penn Station Entrance.; - Tremendous ceiling heights at 22 feet to the deck.
    (732) 707-6900
    Request Owner's contact information
    1048 Raymond Blvd Newark, NJ 07102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1048 Raymond Blvd
    Newark, NJ 07102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1048 Raymond Blvd Newark, NJ 07102
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.