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New Street Retail Center
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69-77 Halsey St, Newark, NJ 07102

New street retail space with a public plaza entrance on Halsey and Washington streets, positioned below new student housing.

Property Size1,866 SF
Days on Market676

Property Features for 69-77 Halsey St

General Information

Standard status Active
Size 1,866 SF
Property subtype RETAIL

Amenities

public plaza
Listing Agency: The Blau & Berg Company
Listed By: Justyna Kuczaj · License #1974845
Source: Moodyscre
Added: Sep 24, 2024 Changed: Jul 28 Last Checked: Jul 30 at 1:46PM

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 The Blau & Berg Company

Investment Insights

Based on property information with market context.

This new street retail center totals approximately 19,171 SF and is positioned directly below new Rutgers students housing with 400 student beds. The property includes a public plaza with an entrance on Halsey and Washington streets, supporting a street-level retail experience for area foot traffic.

The center is located in a dense college and employment corridor, surrounded by neighborhood retailers including Whole Foods, Barnes & Noble, Petco, City MD, Marcus B&P, Nike, Starbucks, Blaze Pizza, The Halal Guys, Citibank, and Chase. Public remarks also cite a large local student base of 45,000+ students and a workforce of over 47,000 people within a 0.5-mile radius, with Prudential and Rutgers representing approximately 10,000 employees combined.

Key Highlights

  • ±119,171 SF of new street retail space
  • Public plaza with entrances on Halsey and Washington streets
  • Located below new Rutgers students housing with 400 student beds

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Buffet Adult Day Care

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

6,355
Businesses Nearby
151k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 32% Dining 30% Hotels & Casinos 24% Apparel 8%
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.3 miles
Starbucks Dining
11,346 visits/mo 0.2 miles
Bank of America Shops & Services
11,294 visits/mo 0.3 miles
BP Shops & Services
11,278 visits/mo 0.5 miles
Robert Treat Hotel Hotels & Casinos
10,442 visits/mo 0.3 miles

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

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
Rey
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Similar Off Market Nearby

  • Iron Bound Station Plaza — 2 Ferry St, Newark, NJ 07105
  • Nuts.com — 1 Raymond Plaza W, Newark, NJ 07102
  • The Weave Bar — 1212 Raymond Blvd, Newark, NJ 07102
  • Quickckeck on Raymond — raymond plaza e, newark, nj 07105
  • J. Wighman — 188 Washington St, Newark, NJ 07102

Frequently Asked Questions

What type of property is this?
Shopping center - New street retail space with a public plaza entrance on Halsey and Washington streets, positioned below new student housing.
Where is this shopping center located?
The property is located at 69-77 Halsey St Newark, NJ.
What are key features of this property?
This property features: ±119,171 SF of new street retail space; Public plaza with entrances on Halsey and Washington streets; Located below new Rutgers students housing with 400 student beds
(610) 533-1101 Call to check price and availability
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