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    976 Bergen St Newark, NJ 07112

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    For Lease
    $35 SF/Yr

    Adaptable retail, office, or medical space with full basement.

    Property size:
    10,105 SF
    Lot size:
    0.26 Acres

    Property Features for 976 Bergen St

    General Information

    Size
    10,105 SF
    Lot size
    0.26 Acres

    Source: Jeffery Realty Agent Steve Battista

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

    Overview

    Versatile Space in Redevelopment Area

    This property, suitable for retail, office, or medical use, is located within a redevelopment area. The building offers the potential for subdivision to accommodate various tenant needs. A full basement with two access points provides additional space and utility. Rear access to a 4-inch wide roll-up door facilitates deliveries and operations. The property is suitable for a grocery store, dollar store, pharmacy, laundromat and more.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2059965
    Latitude
    40.7103936

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    FAQs

    What type of property is this?
    Retail space - Adaptable retail, office, or medical space with full basement.
    Where is this retail space located?
    The property is located at 976 Bergen St Newark, NJ.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Redevelopment Area: Opportunity for significant investment and growth; - Suitable for Various Businesses: Ideal for retail, office, or medical use; - Building Could Be Subdivided: Flexibility to customize space to tenant needs
    (908) 963-4539
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    Newark, NJ 07112
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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
    976 Bergen St Newark, NJ 07112
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