Listing Agency: Weichert Commercial Brokerage Inc Morris Plains

Listed By: David Williams · License #NJ 0448784

Source: Crexi

Added: Jul 21 Changed: Aug 8 Last Checked: Aug 9 at 2:31PM

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Investment Insights

Based on property information with market context.

This offering is a retail space for sale with a total area of 1,500 SF.

The property is located at 178 Bloomfield Avenue in Newark, NJ.

Details beyond the stated retail configuration and size are not provided.

Key Highlights

• Retail space for sale totaling 1,500 SF

Property Analytics

Current Use

Amazon Hub Counter ... Courier Service Ria Money Transfer ... Bank HM multiservice Department Store Vigo Bank MoneyGram Bank

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,780

Businesses Nearby

82k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Shops & Services 41% Groceries 14% Electronics 5%

Dunkin' Donuts Dining

13,919 visits/mo 0.5 miles

Food Fair Fresh Market Groceries

11,554 visits/mo 0.4 miles

BP Shops & Services

10,746 visits/mo 0.4 miles

KFC Dining

10,075 visits/mo 0.4 miles

Dunkin' Donuts Dining

9,393 visits/mo 0.5 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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Frequently Asked Questions

What type of property is this?

Retail space - Retail space totaling 1,500 SF available for sale.

Where is this retail space located?

The property is located at 178 Bloomfield Avenue Newark, NJ.

What are key features of this property?

This property features: Retail space for sale totaling 1,500 SF