Downtown Newark Office/Retail
For Lease
$2,850/Mo
111 Mulberry Street, Newark, NJ 07102
Office or retail space with high visibility and foot traffic.
Property Size83,740 SF
Days on Market184
Property Features for 111 Mulberry Street
General Information
Standard status
Active
Size
83,740 SF
Property subtype
Office/Retail
Building Details
Year Built
1988
Listing Agency:
Sitar Realty Company - Corporate
(732) 539-3098
Listed By:
Brian Murphy
(732) 539-3098
Source:
Sitarcompany
Added: Jan 27
Changed: Jul 10
Last Checked: Jul 30 at 5:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sitar Realty Company - Corporate
Investment Insights
Based on property information with market context.
This ground floor space, situated within an apartment complex in Newark's Central Business District, is available for rent. The property benefits from its location with excellent access to public transportation, high visibility, and heavy foot and auto traffic. Featuring three separate entrances, including a private entrance from Market Street, the space offers flexibility for various layouts. Windows provide ample natural light. Tenant signage is available. Previously used as a medical office, the space is suitable for office or retail use. The location is close to restaurants, banks, shopping, the post office, and public transit.
Key Highlights
- Prime Central Business District location in downtown Newark with excellent access to public transit.
- High visibility with heavy foot and auto traffic.
- Suitable for a variety of office or retail uses.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.06 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,372
Businesses Nearby
Explore this area
Business Placement
Demographics for 07102, NJ
15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value
Market
Lease Benchmarks for Newark, NJ
$26.93 /SF/Yr
Avg Asking Price
$8–$59.38 /SF/Yr
Price Range
3,303 SF
Avg Space Size
This space is priced 98% below the average of $26.93 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Office or retail space with high visibility and foot traffic.
Where is this office units located?
The property is located at 111 Mulberry Street Newark, NJ.
What is the lease rate?
The lease rate is $2,850 /Mo.
What are key features of this property?
This property features: Prime Central Business District location in downtown Newark with excellent access to public transit.; High visibility with heavy foot and auto traffic.; Suitable for a variety of office or retail uses.