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    50 Halsey St Newark, NJ 07102

    For Lease
    $27 SF/Yr ($3,435 /Mo)

    Mixed-use property with retail, office, residential, and educational spaces.

    Property size:
    1,527 SF
    Lot size:
    2.38 Acres

    Property Features for 50 Halsey St

    General Information

    Size
    1,527 SF
    Lot size
    2.38 Acres

    Source: Pierson Commercial Real Estate Agent Ryan Starkman, MBA

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

    Overview

    Mixed-Use Environment in Newark, NJ

    This mixed-use property offers a transformative environment, blending residential, office, retail, educational, and open spaces. It features over 80,000 square feet of retail space, 100,000 square feet of office and educational space, and 160 residential units. Located in Newark, New Jersey, the largest city in the state with a population of nearly 300,000, it is one of the most populous municipalities in the country. The property is approximately 8 miles from lower Manhattan, with a train ride to New York Penn Station of less than 20 minutes. The market includes a large office population with over 14.5 million square feet of office space in the downtown central business district. Several major corporations, including Prudential, PSE&G, Audible, Panasonic, and IDT, as well as significant east coast law firms, are located here. There is a residential pipeline of over 3,700 rental units currently in development in the immediate downtown area, along with over 35,000 students in the market. The property offers 1,527 square feet of space at 50 Halsey St, Newark, NJ.
    Location Intelligence

    Current Use by Public Records

    All Things Luis ... Video Production Service Hahne & Co Apartment Building Metamorphosis Painting

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.171056
    Latitude
    40.740696

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    FAQs

    What type of property is this?
    Retail space - Mixed-use property with retail, office, residential, and educational spaces.
    Where is this retail space located?
    The property is located at 50 Halsey St Newark, NJ.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Less than 20-minute train ride to New York Penn Station.; - Mixed-use environment with residential, office, retail, and educational spaces.; - Located in New Jersey's largest city with a population of nearly 300,000.
    (732) 707-6900
    Request Owner's contact information
    50 Halsey St Newark, NJ 07102
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    Newark, NJ 07102
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    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
    50 Halsey St Newark, NJ 07102
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