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Corner Retail Space
For Sale
Contact for pricing
Pending

597-605 Springfield Avenue, Newark, NJ 07103

Retail space positioned on a corner in Newark’s redevelopment zone.

Property SizeContact for details
Days on Market41

Property Features for 597-605 Springfield Avenue

General Information

Standard status Pending
Property subtype Retail
Zoning Redevelopment Zone

Additional Details

Corner Location Yes
Listing Agency: Sitar Realty Company Iselin
Listed By: Brian Murphy · License #NJ 0232719
Source: Crexi
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 2:12PM

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 Iselin

Investment Insights

Based on property information with market context.

This retail property occupies a corner position at 597-605 Springfield Avenue in Newark, New Jersey. The asset is identified as retail space and is offered for sale.

The property is located within Newark’s redevelopment zone, providing a defined planning context for this commercial address.

Key Highlights

  • Corner‑position retail property
  • Located at 597‑605 Springfield Avenue, Newark, NJ 07103
  • Situated within Newark’s redevelopment zone

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Carpet & Flooring Store Skin Care Clinic

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

1,501
Businesses Nearby
132k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 37% Shops & Services 28% Dining 22% Groceries 11%
The Home Depot Home Improvements & Furnishings
49,259 visits/mo 0.5 miles
Wendy's Dining
23,955 visits/mo 0.4 miles
Save-A-Lot Groceries
14,097 visits/mo 0.2 miles
Capital One Bank Shops & Services
11,738 visits/mo 0.3 miles
BP Shops & Services
9,073 visits/mo 0.0 miles

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
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 space positioned on a corner in Newark’s redevelopment zone.
Where is this retail space located?
The property is located at 597-605 Springfield Avenue Newark, NJ.
What are key features of this property?
This property features: Corner‑position retail property; Located at 597‑605 Springfield Avenue, Newark, NJ 07103; Situated within Newark’s redevelopment zone
More about this property
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