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    30 Central Ave, Unit 2B Newark, NJ 07102

    For Lease
    $2,500 /Mo

    High-visibility retail space in Newark with strong foot traffic.

    Source: Keller Williams Village Square Realty

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

    Overview

    Prime Retail Space on Central

    This commercial space is located on Central Avenue in Newark, offering high visibility and steady foot traffic. The location provides convenient access to major highways and public transit. The space offers flexibility for various professional uses and is surrounded by shops, restaurants, and new developments.
    Insight Report Location Intelligence

    Current Use by Public Records

    Central Restaurant Breakfast Restaurant BKB Financial Center ... Insurance Agency

    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
    -74.1705739
    Latitude
    40.7416596

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    FAQs

    What type of property is this?
    Retail space - High-visibility retail space in Newark with strong foot traffic.
    Where is this retail space located?
    The property is located at 30 Central Ave, Unit 2B Newark, NJ.
    What are key features of this property?
    This property features: - Prime Central Ave location; - High visibility; - Steady foot traffic
    (201) 689-9196
    Request Owner's contact information
    30 Central Ave, Unit 2B 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
    30 Central Ave, Unit 2B Newark, NJ 07102
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