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Multi-Suite Retail Space
For Sale
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16-18 OLIVER ST, Newark, NJ 07102

Open-plan and multi-room configurations include elevator access and utility service.

Property SizeContact for details
Days on Market243

Property Features for 16-18 OLIVER ST

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $99,045

Amenities

Vinyl
Fire Alarm
3
Flat, Rubber
Industrial
Parking.
Shared Driveway, On Street, Lot.
20465 SF
Central Business District, Highway Access.
Listing Agency: COLDWELL BANKER REALTY
Listed By: PHILIP J DATTOLO · License #399610
Source: Xome
Added: Dec 30, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:48AM

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 REALTY

Investment Insights

Based on property information with market context.

This retail property at 16-18 Oliver St in Newark offers several separately configured spaces, including an open first-floor layout, an updated second-floor suite, and multiple third-floor options. Available configurations range from 1,200 SF to 4,000 SF. Features include private bathrooms, central heating and cooling, fire alarm protection, and an elevator serving the second floor. One third-floor suite is arranged as four rooms with one bathroom, while another 4,000 SF suite includes two bathrooms and two HVAC units.

The property is located in Newark’s Central Business District with highway access. Parking and access provisions include a shared driveway, on-street parking, and lot parking. Utility arrangements vary by suite, with utility service included in the stated offering for several spaces; the second-floor space has its own gas meter.

Key Highlights

  • Multiple retail configurations from 1,200 SF to 4,000 SF
  • Second‑floor suite includes elevator access and an updated interior
  • Third‑floor Suite 301 offers 1,200 SF, 4 rooms, and 1 bathroom

Property Analytics

Current Use

Retail space

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,506
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?
Retail space - Open-plan and multi-room configurations include elevator access and utility service.
Where is this retail space located?
The property is located at 16-18 OLIVER ST Newark, NJ.
What are key features of this property?
This property features: Multiple retail configurations from 1,200 SF to 4,000 SF; Second‑floor suite includes elevator access and an updated interior; Third‑floor Suite 301 offers 1,200 SF, 4 rooms, and 1 bathroom
More about this property
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