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Downtown Newark Commercial Space Available
For Lease
$8,000/Mo

190 Market, Newark, NJ 07102

High-visibility retail/office space near Newark Penn Station.

Space SizeContact for details
Days on Market130

Property Features for 190 Market

General Information

Standard status Active
Property subtype Commercial

Amenities

Hot Air Heating
Listing Agency: REAL
Listed By: JULIE RO
Source: Corcoran
Added: Apr 20 Changed: Aug 25 Last Checked: Aug 26 at 8:11AM

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 REAL

Investment Insights

Based on property information with market context.

This commercial space is located in downtown Newark, offering high visibility on the ground floor with a basement. The space is suitable for retail or office use, with build-to-suit potential. The property is situated in the heart of Newark’s business district, near Newark Penn Station, Prudential Center, NJPAC, and major universities. The surrounding area includes new and approved mixed-use developments, which are expected to increase residential density and foot traffic.

Key Highlights

  • Prime downtown location in Newark's business district
  • High‑visibility ground‑floor and basement space
  • Steps from Newark Penn Station, Prudential Center, and NJPAC

Property Analytics

Current Use

Beauty barzz Spa & Massage Center NJ Beauty Lab Nail Salon Merchant Mav Newark Business To Business Service Shiny Beauty Nails Hair Salon Donna Creatives (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Nursing Home Kitchen & Bath Showroom Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

3,195
Businesses Nearby
286k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Groceries 24% Shops & Services 12% Apparel 1%
ShopRite Groceries
69,926 visits/mo 0.3 miles
McDonald's Dining
39,847 visits/mo 0.3 miles
McDonald's Dining
28,705 visits/mo 0.4 miles
Wendy's Dining
24,571 visits/mo 0.4 miles
Dollar Tree Shops & Services
16,256 visits/mo 0.5 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

Market

Lease Benchmarks for Newark, NJ

$18.76 /SF/Yr
Avg Asking Price
$2.49–$41.07 /SF/Yr
Price Range
6,735 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail/office space near Newark Penn Station.
Where is this retail space located?
The property is located at 190 Market Newark, NJ.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: Prime downtown location in Newark's business district; High‑visibility ground‑floor and basement space; Steps from Newark Penn Station, Prudential Center, and NJPAC
More about this property
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