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Downtown Newark Commercial Space Available
For Lease
$2,950/Mo

192 Market St, Newark, NJ 07102

Commercial space for rent in downtown Newark near Prudential Center.

Space SizeContact for details
Days on Market152

Property Features for 192 Market St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $15,996

Amenities

Central air
1 Unit Cooling
1 Unit Heating
Ductless Split AC Cooling
Heat Pump Heating

Building Details

Year Built 1920
Listing Agency: DRISCOLL REAL ESTATE LLC
Listed By: PATRICK JON DRISCOLL
Source: Corcoran
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 12:47PM

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 DRISCOLL REAL ESTATE LLC

Investment Insights

Based on property information with market context.

Located in downtown Newark, this commercial space is within walking distance of the Prudential Center and situated in a vibrant business area. The property is suitable for office or retail use.

Key Highlights

  • Downtown Newark location
  • Walking distance to Prudential Center
  • Close to vibrant business area

Property Analytics

Current Use

Age Management Therapy ... Corporate Office M.AKE E.ARTH G.REEN ... Sustainability Organization

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

5,404
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

Lease Benchmarks for Newark, NJ

$24.34 /SF/Yr
Avg Asking Price
$5.18–$59.38 /SF/Yr
Price Range
13,014 SF
Avg Space Size

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 units - Commercial space for rent in downtown Newark near Prudential Center.
Where is this office units located?
The property is located at 192 Market St Newark, NJ.
What is the lease rate?
The lease rate is $2,950/Mo.
What are key features of this property?
This property features: Downtown Newark location; Walking distance to Prudential Center; Close to vibrant business area
More about this property
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