Search
Divisible Retail Space

157 Market St, Newark, NJ 07102

For Lease
New
Contact for pricing

The layout allows the space to be divided into smaller retail areas.

Space Size2,000 SF
Days on Market4

Property Features for 157 Market St

General Information

Standard status Active
Size 2,000 SF
Property subtype RETAIL

Space & Availability

Divisible Yes
Space Use Retail

Site & Location

Neighborhood Central Business District

Spaces For Lease

at 157 Market St
157 Market St AVAILABLE, Now
Floor 1
Size 2,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
-Built-out retail space -Can be divided -Heavy foot traffic -Steps from the Prudential Center, Rutgers University Newark, and Amazon Audible
Contact us
Listing Agency: Meridian Capital Group
Listed By: Stephen Ligambi
Source: Moodyscre
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 2:42PM

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 Meridian Capital Group

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,000-square-foot retail space at 157 Market St can be divided, offering flexibility in how the premises are arranged. The property is near the Prudential Center, Rutgers University Newark, and Amazon Audible.

Key Highlights

  • 2,000 square feet of retail space
  • Space can be divided
  • Near the Prudential Center, Rutgers University Newark, and Amazon Audible

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Store & Service Buffet 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,355
Businesses Nearby
151k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newark, NJ

$25.72 /SF/Yr
Avg Asking Price
$2.49–$52.8 /SF/Yr
Price Range
6,149 SF
Avg Space Size

Properties on Market for Retail space in Newark

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The layout allows the space to be divided into smaller retail areas.
Where is this retail space located?
The property is located at 157 Market St Newark, NJ.
What are key features of this property?
This property features: 2,000 square feet of retail space; Space can be divided; Near the Prudential Center, Rutgers University Newark, and Amazon Audible
(212) 468-5985 · Office Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved