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Three-Story Office Building
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158 Washington St, Newark, NJ 07102

Three-story commercial office building located in Newark’s central business district near Washington Street and Branford Place.

Space Size3,100 SF
Property Size3,200 SF
Days on Market138

Property Features for 158 Washington St

General Information

Standard status Active
Size 3,100 SF
Class C
Property subtype Office, Special Purpose
Lease Type Gross

Additional Details

Highway Access Yes

Building Details

Building Size 3,200 SF
Year Built 1900
Stories 3
Tenancy Single

Spaces For Lease

at 158 Washington St Contact us

Available Space

Size
3,100 SF
Type
Office, Special Purpose
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Skye Management
Listed By: Abdullah Bustami · License #2185423
Source: Crexi
Added: Apr 23 Changed: Aug 28 Last Checked: Sep 7 at 4:51AM

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 Skye Management

Investment Insights

Based on property information with market context.

The property at 158 Washington Street is a three-story commercial building positioned in Newark’s Central Business District. The asset is offered for rent and is situated near the intersection of Washington Street and Branford Place, placing it in the downtown core.

The surrounding area is described as a revitalized downtown component of the Northern New Jersey commercial market. The property also highlights access to public transportation and major highways, along with nearby amenities.

As presented, this is a straightforward multi-story office building option in a centrally located downtown setting.

Key Highlights

  • Three‑story commercial office building at 158 Washington Street in Newark’s Central Business District (CBD)
  • Built in 1900
  • Location near the intersection of Washington Street and Branford Place in Newark’s downtown core

Property Analytics

Current Use

Newark Fairmount Promise ... High School

Suggested Use

Top Pick Veterinary Clinic Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store & Service 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
NNN (Triple Net)
Lease Type
$2.61 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,133
Businesses Nearby

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

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story commercial office building located in Newark’s central business district near Washington Street and Branford Place.
Where is this office building located?
The property is located at 158 Washington St Newark, NJ.
What is the lease rate?
The lease rate is $17.40 SF/Yr.
What are key features of this property?
This property features: Three‑story commercial office building at 158 Washington Street in Newark’s Central Business District (CBD); Built in 1900; Location near the intersection of Washington Street and Branford Place in Newark’s downtown core
More about this property
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