Building Details

Building Size 900 SF

Year Built 2008

Listing Agency: Real Broker LLC

Listed By: ALESSANDRO FALCAO · License #0571693 Show Phone

Source: Elliman

Added: Jul 20 Changed: Sep 20 Last Checked: Sep 24 at 12:34PM

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Investment Insights

Based on property information with market context.

This retail storefront offers a flexible interior with an open layout suitable for a variety of neighborhood-oriented uses. The space includes direct storefront access from Bloomfield Avenue, along with a second entrance from Ridge Street to support customer flow and day-to-day operations.

Positioned on a well-traveled commercial corridor in Newark, the property is described as highly walkable with strong pedestrian activity, along with convenient public transit access. The location also provides proximity to Downtown Newark, major highways, and public transportation.

BikeScore is 51 and WalkScore is 85, with TransitScore reported at 70.

Key Highlights

• Storefront retail space built in 2008
• Direct storefront access from Bloomfield Avenue plus a second entrance from Ridge Street
• Open interior layout designed for a range of neighborhood business uses

Property Analytics

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Current Use

Oswald's Dental Lab Dental Office mias beauty salon Hair Salon Boost Mobile Mobile Phone Store Cala Fundacion Latina Department Store Clown, Jester Magic ... Theater & Performing Art Venue

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Veterinary Clinic Dental Office

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

1,750

Businesses Nearby

77k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 54% Dining 26% Groceries 15% Electronics 5%

Exxon Shops & Services

17,016 visits/mo 0.5 miles

Food Fair Fresh Market Groceries

11,554 visits/mo 0.2 miles

BP Shops & Services

10,746 visits/mo 0.4 miles

Dunkin' Donuts Dining

10,219 visits/mo 0.5 miles

Dunkin' Donuts Dining

9,393 visits/mo 0.4 miles

Demographics for 07104, NJ

54,051

Population

21,762

Households

2.5

Avg Household Size

35

Median Age

21%

College-Educated

71%

High-School Grad

2.5 sq mi

ZIP Area

21,620

Density / Sq Mi

$51,199

Median Household Income

$36,139

Median Earnings

$1,343

Median Rent

$337,400

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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Storefront retail space features direct access from Bloomfield Avenue and a second entrance from Ridge Street.

Where is this storefront property located?

The property is located at 191 Bloomfield Ave Newark, NJ.

What is the lease rate?

The lease rate is $1,450/Mo.

What are key features of this property?

This property features: Storefront retail space built in 2008; Direct storefront access from Bloomfield Avenue plus a second entrance from Ridge Street; Open interior layout designed for a range of neighborhood business uses