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Retail Space with Venting
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For Lease
Contact for pricing

172 Newark Ave, Jersey City, NJ 07302

Existing retail configuration serves liquor and pharmacy uses, with venting suited to food and beverage operations.

Space Size4,000 SF
Days on Market4

Property Features for 172 Newark Ave

General Information

Standard status Active
Size 4,000 SF
Property subtype RETAIL

Additional Details

Currently Operating Yes

Spaces For Lease

at 172 Newark Ave
172 Newark Ave AVAILABLE, Now
Floor 1
Size 4,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
• Rare Opportunity Along Jersey City’s Premier Retail Corridor • Easily Vented For Food & Beverage Use • Currently a Liquor Store and Pharmacy • All Uses Considered
Contact us
Listing Agency: Investment Property Realty Group (IPRG)
Listed By: Ben Biberaj
Source: Moodyscre
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 28 at 4:44PM

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 Investment Property Realty Group (IPRG)

Rey
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Investment Insights

Based on property information with market context.

This 4,000-square-foot retail space at 172 Newark Ave in Jersey City is presently used for liquor and pharmacy retail. Venting in the space supports food-and-beverage use.

Key Highlights

  • 4,000‑square‑foot retail space
  • Venting supports food‑and‑beverage use
  • Currently used for liquor and pharmacy retail

Property Analytics

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

Current Use

Palace Drugs and Liquors Pharmacy Moy Anna S ... Physician Ralp's Attic Insulation ... General Contractor Wondermedspa Permanent Makeup/Microblading ... Spa & Massage Center Kimchi Guys Restaurant

Suggested Use

Top Pick Nursing Home Fish Market Tattoo & Piercing Shop Tanning Salon (Bike/Boat/Book/etc) Store Adult Day Care

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

6,677
Businesses Nearby
296k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Superstores 26% Apparel 13% Dining 8%
BJ's Wholesale Club Superstores
76,178 visits/mo 0.3 miles
ShopRite Groceries
66,970 visits/mo 0.3 miles
99 Ranch Market Groceries
41,102 visits/mo 0.4 miles
JCPenney Apparel
37,894 visits/mo 0.4 miles
Shake Shack Dining
12,047 visits/mo 0.2 miles

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
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Market

Lease Benchmarks for Jersey City, NJ

$36.6 /SF/Yr
Avg Asking Price
$15–$81.28 /SF/Yr
Price Range
9,249 SF
Avg Space Size

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 - Existing retail configuration serves liquor and pharmacy uses, with venting suited to food and beverage operations.
Where is this retail space located?
The property is located at 172 Newark Ave Jersey City, NJ.
What are key features of this property?
This property features: 4,000‑square‑foot retail space; Venting supports food‑and‑beverage use; Currently used for liquor and pharmacy retail
(917) 694-6831 · Office Call to check price and availability
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