Storefront Retail
158 Market St, Newark, NJ 07102
For Lease
Contact for pricing
The NNN lease assigns roof and structural responsibilities to the landlord.
Space Size12,161 SF
Days on Market24
Property Features for 158 Market St
General Information
Standard status
Size
Net Rentable
Property subtype
Lease Type
Space & Availability
Available Space
Contiguous Space
Floor
Space Use
Site & Location
Neighborhood
Building Details
Year Built
Building Size
Spaces For Lease
at 158 Market St
#1
Active
Size
12,161 SF
Listing Agency:
Coldwell Banker Commercial NRT Warren
Listed By:
Ajay Jasti · License #2438423
(732) 749-2072
Source:
Crexi
Added: Oct 17
Changed: Nov 8
Last Checked: Nov 8 at 4:39PM
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 Coldwell Banker Commercial NRT Warren
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Investment Insights
Based on property information with market context.
This ground-floor retail property contains 12,161 SF and was built in 1980. The lease is structured as NNN, with the landlord responsible for the roof and building structure. Its footprint is described as suitable for a single tenant or a multi-use retail concept.
The property is on Market Street in downtown Newark, within a retail corridor and near Broad Street, Military Park, Prudential Center, Rutgers Newark, NJIT, and major transit connections. Market Street draws daytime activity from commuters, students, office workers, and courthouse users.
The property is on Market Street in downtown Newark, within a retail corridor and near Broad Street, Military Park, Prudential Center, Rutgers Newark, NJIT, and major transit connections. Market Street draws daytime activity from commuters, students, office workers, and courthouse users.
Key Highlights
- 12,161 SF of ground‑floor retail space
- Built in 1980
- NNN lease; landlord is responsible for the roof and structure
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Newark, NJ
$25.82 /SF/Yr
Avg Asking Price
$13.33–$37.5 /SF/Yr
Price Range
2,707 SF
Avg Space Size
Properties on Market for Storefront properties in Newark
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Flores _ Regalos Johis Fiesta Nj — 340 Irvine Turner Blvd, Newark, NJ 07108
- Hudson Flowers — Newark, NJ 07102
- Mercado Flores - Envía flores a Lima - Perú — 655 Broad St, Newark, NJ 07102
- Washington Florist Inc — 565 Broad St, Newark, NJ 07102
- Vi's Florist — 565 broad st, newark, nj 07102
Frequently Asked Questions
What type of property is this?
Storefront property - The NNN lease assigns roof and structural responsibilities to the landlord.
Where is this storefront property located?
The property is located at 158 Market St Newark, NJ.
What are key features of this property?
This property features: 12,161 SF of ground‑floor retail space; Built in 1980; NNN lease; landlord is responsible for the roof and structure
