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Elevator-Served Office Floors

151 NEWARK AVE, Jersey City, NJ 07302

For Lease
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Second- and third-floor suites support office, medical, educational, and day care uses under RDP-78.

Space Size5,631 SF - 8,317 SF
Days on Market32

Property Features for 151 NEWARK AVE

General Information

Standard status Active
Size 5,631 SF - 8,317 SF
Net Rentable 5,631 SF
Elevators Yes
Property subtype Office
Zoning RDP-78

Space & Availability

Available Space 5,631-13,948 SF
Contiguous Space 13,948 SF
Divisible Yes
Floor 2-3
Space Use Office

Additional Details

Public Transit Yes

Building Details

Year Built 1880

Spaces For Lease

at 151 NEWARK AVE Contact us

2nd Floor Active

Size 8,317 SF
Contact us

3rd floor Active

Size 5,631 SF
Contact us
Listing Agency: Exp Realty Bkny
Listed By: VIC K · License NJ RS380801
Source: Crexi
Added: Oct 14 Changed: Nov 12 Last Checked: Nov 12 at 6:14AM

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 Exp Realty Bkny

Rey
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Investment Insights

Based on property information with market context.

Office space occupies the second and third floors of 151 Newark Avenue, with approximately 13,948 SF available across the two levels. The floors can be leased individually or together. The second floor offers 8,317 SF, with ceilings measuring 12 ft 4 in at the front and 15 ft at the rear; the 5,631-SF third floor has 13-ft ceilings throughout. Both levels have elevator access. The building dates to 1880, and RDP-78 permits general and medical offices, educational facilities, government uses, and day care centers on the second floor and above.

The property fronts Newark Avenue’s pedestrian corridor in Downtown Jersey City. Bank of America, Duane Reade, H&R Block, Starbucks, Dunkin’, independent retailers, and other commercial businesses are among the surrounding businesses. Grove Street PATH station is about a three-minute walk away.

Key Highlights

  • Two contiguous floors offer approximately 13,948 SF, available separately or together
  • Second floor: 8,317 SF; ceilings are 12 ft 4 in at the front and 15 ft at the rear
  • Third floor: 5,631 SF with 13‑ft ceilings throughout

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Renzo Gracie Jersey ... Training Center

Suggested Use

Top Pick Fish Market Tanning Salon (Bike/Boat/Book/etc) Store Nursing Home Adult Day Care Buffet

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

6,528
Businesses Nearby

Demographics for 07302, NJ

57,033
Population
30,163
Households
1.9
Avg Household Size
34
Median Age
80%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
40,738
Density / Sq Mi
$166,854
Median Household Income
$117,189
Median Earnings
$2,960
Median Rent
$853,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Jersey City, NJ

$29.74 /SF/Yr
Avg Asking Price
$25–$38.18 /SF/Yr
Price Range
45,317 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Jersey City, NJ

$43.49 Jul
$46.26 Aug
$39.1 Sep
$29.56 Oct

Properties on Market for Office Units in Jersey City

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Second- and third-floor suites support office, medical, educational, and day care uses under RDP-78.
Where is this office unit located?
The property is located at 151 NEWARK AVE Jersey City, NJ.
What are key features of this property?
This property features: Two contiguous floors offer approximately 13,948 SF, available separately or together; Second floor: 8,317 SF; ceilings are 12 ft 4 in at the front and 15 ft at the rear; Third floor: 5,631 SF with 13‑ft ceilings throughout
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