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Multi-Level Retail Storefront
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145-151 Elm Street, Newark, NJ 07105

Flexible commercial space includes showroom, storage, restrooms, and a lower-level basement.

Property Size1,300 SF
Price / SF$3.46
Days on Market44

Property Features for 145-151 Elm Street

General Information

Standard status Active
Size 1,300 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Amenities

spacious open-concept showroom
built-in display shelving
multiple glass display cases
bright LED lighting
two restrooms
rear storage area with exterior access
large lower-level basement
Listing Agency: Better Homes and Gardens Real Estate Elite
Listed By: Jazmine Clausen-Soir · License #1750907
Source: Betterhomerealestate
Added: Jul 16 Changed: Aug 28 Last Checked: Aug 28 at 11:32AM

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 Better Homes and Gardens Real Estate Elite

Investment Insights

Based on property information with market context.

This approximately 1,300-square-foot, multi-level storefront at 145-151 Elm Street features an open showroom, built-in display shelving, glass display cases, LED lighting, and two restrooms. A rear storage area with exterior access and a large basement provide additional room for inventory, offices, or workspace.

The property is positioned within Newark’s Elm Street commercial area, with established businesses, restaurants, residential neighborhoods, and NJ Transit nearby. Newark Penn Station, major highways, and downtown Newark are also identified as convenient access points, supporting customer and employee accessibility.

Key Highlights

  • Approximately 1,300‑square‑foot multi‑level storefront
  • Open showroom with built‑in display shelving and multiple glass display cases
  • Two restrooms and bright LED lighting

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Locksmith

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,988
Businesses Nearby
271k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 35% Dining 31% Groceries 18% Hotels & Casinos 6%
Seabra's Market Groceries
47,485 visits/mo 0.2 miles
McDonald's Dining
45,223 visits/mo 0.5 miles
McDonald's Dining
22,083 visits/mo 0.3 miles
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.5 miles
BP Shops & Services
14,035 visits/mo 0.3 miles

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
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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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial space includes showroom, storage, restrooms, and a lower-level basement.
Where is this storefront property located?
The property is located at 145-151 Elm Street Newark, NJ.
What are key features of this property?
This property features: Approximately 1,300‑square‑foot multi‑level storefront; Open showroom with built‑in display shelving and multiple glass display cases; Two restrooms and bright LED lighting
More about this property
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