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Retail Space at Lighted Intersection
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123 Water St, Newton, NJ 07860

Retail offering with pad sites positioned at a lighted intersection and a major renovation identified.

Space Size3,500 SF
Days on Market206

Property Features for 123 Water St

General Information

Standard status Active
Size 3,500 SF
Property subtype RETAIL

Spaces For Lease

at 123 Water St Contact us

123 Water St - Building C

Floor
Bldg
Size
3,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- ShopRite expanding - Major renovation - Pad sites available at lighted intersection
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Listing Agency: RIPCO Real Estate - New Jersey
Listed By: Curtis Nassau
Source: Moodyscre
Added: Feb 6 Changed: Aug 30 Last Checked: Aug 30 at 9:23PM

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 RIPCO Real Estate - New Jersey

Investment Insights

Based on property information with market context.

This retail offering includes 3,500 square feet at 123 Water St in Newton, NJ 07860. The property is associated with a major renovation and includes pad sites available at a lighted intersection.

ShopRite is expanding, adding a notable nearby commercial context to the offering.

Key Highlights

  • 3,500 square feet of retail space
  • Major renovation identified for the property
  • Pad sites available at a lighted intersection

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,015
Businesses Nearby
370k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 23% Dining 23% Home Improvements & Furnishings 19% Groceries 17%
ShopRite Groceries
44,696 visits/mo 0.2 miles
Kohl's Apparel
41,899 visits/mo 0.4 miles
HomeGoods Home Improvements & Furnishings
39,456 visits/mo 0.3 miles
Marshalls Apparel
30,618 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
29,382 visits/mo 0.3 miles

Demographics for 07860, NJ

25,704
Population
11,473
Households
2.2
Avg Household Size
46
Median Age
40%
College-Educated
95%
High-School Grad
100.2 sq mi
ZIP Area
257
Density / Sq Mi
$104,113
Median Household Income
$53,509
Median Earnings
$1,437
Median Rent
$336,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail offering with pad sites positioned at a lighted intersection and a major renovation identified.
Where is this retail space located?
The property is located at 123 Water St Newton, NJ.
What are key features of this property?
This property features: 3,500 square feet of retail space; Major renovation identified for the property; Pad sites available at a lighted intersection
(201) 777-2302 Call to check price and availability
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