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

    196 Ferry St Newark, NJ 07105

    For Lease
    $1.00 SF/Yr

    Exceptional corner location on Ferry Street with high visibility.

    Lot size:
    0.11 Acres

    Property Features for 196 Ferry St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    2016

    Source: KELLER WILLIAMS CITY VIEWS REALTY Agent JOE PEIXINHO

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

    Overview

    Prime Corner Retail Space Available

    This property offers a magnificent corner location on Ferry Street, benefiting from high visibility and substantial foot and vehicle traffic. The building, approximately 10 years old, is in excellent condition. The space can be leased in its entirety, offering 3,166 square feet, or divided into two separate units. The front corner space provides 1,668 square feet, while the rear space, with an entrance on Polk Street, offers 1,498 square feet. This location presents a prime opportunity for various retail ventures.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -74.1562857
    Latitude
    40.7284601

    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?
    Retail space - Exceptional corner location on Ferry Street with high visibility.
    Where is this retail space located?
    The property is located at 196 Ferry St Newark, NJ.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner location on highly sought-after Ferry Street with high visibility.; - Option to lease the entire 3,166 sq ft space or divide into front (1,668 sq ft) or rear (1,498 sq ft) spaces.; - Relatively new construction (built in 2016) and in great condition.
    (201) 592-8900
    Request Owner's contact information
    196 Ferry St Newark, NJ 07105
    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.
    196 Ferry St
    Newark, NJ 07105
    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
    196 Ferry St Newark, NJ 07105
    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.