Building Details

Year Built 1943

Year Renovated 2022

Stories 3

Listing Agency: e*@artmolds.com Show Phone

Listed By: Edmund Show Phone

Added: Mar 18 Changed: Apr 8

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Investment Insights

Based on property information with market context.

Located in Summit, New Jersey, this property offers office and retail spaces for lease. The available space is situated in the heart of Downtown Summit, one block from the Mid-Town Direct rail line to New York City. The property provides a boutique suite designed for privacy and productivity. The building has a total area of 14,000 square feet. One available suite offers 1,100 square feet of office space.

Property Analytics

Property Profile

Current Use

Acupuncture & Herbal Medicine Alternative Medicine Practice Summit Place Financial ... Financial Advisor Summit Downtown Inc Charitable Organization Teaching Press Publishing House Sandra Nissen Photography (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Catering Service Garden Center Tanning Salon

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

$6.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,957

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 07901, NJ

24,199

Population

9,477

Households

2.6

Avg Household Size

40

Median Age

72%

College-Educated

96%

High-School Grad

6.3 sq mi

ZIP Area

3,841

Density / Sq Mi

$177,986

Median Household Income

$87,088

Median Earnings

$2,209

Median Rent

$958,700

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

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Frequently Asked Questions

What type of property is this?

Office space - 1,100 SF Office | 1 Block to Train | Downtown | 18 Bank St - 300 - 2,600 SF of Space Available in Summit, NJ 07901

Where is this office space located?

The property is located at 18 Bank St Summit, NJ.

What is the lease rate?

The lease rate is $40 SF/Yr.