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Four-Tenant Strip Center
For Sale
Contact for pricing
Pending

203-205 Alexander St, Newark, NJ 07106

Fully occupied retail center with established leases and four operating tenants.

Property SizeContact for details
Days on Market129

Property Features for 203-205 Alexander St

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Rose Real Estate
Listed By: Lauren Federgreen · License #0897356
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 11:22AM

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 Rose Real Estate

Investment Insights

Based on property information with market context.

Located at 203–205 Alexander St in Newark, New Jersey, this retail property is configured as a four-tenant strip center. The property is reported as 100% occupied, with established leases in place and tenants described as consistent rent payers.

The asset is positioned as an income-producing retail property with limited ongoing management demands. Its four-tenant configuration and fully leased status provide a straightforward operating profile for a commercial buyer.

Key Highlights

  • Four‑tenant strip center at 203–205 Alexander St, Newark, NJ 07106
  • 100% occupied with four operating tenants
  • Long‑standing leases are in place

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Parking Lot & Garage Cafe & Coffee Shop

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,279
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Groceries 27%
McDonald's Dining
23,327 visits/mo 0.1 miles
C-Town Supermarkets Groceries
8,426 visits/mo 0.1 miles

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value

Market

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully occupied retail center with established leases and four operating tenants.
Where is this strip mall located?
The property is located at 203-205 Alexander St Newark, NJ.
What are key features of this property?
This property features: Four‑tenant strip center at 203–205 Alexander St, Newark, NJ 07106; 100% occupied with four operating tenants; Long‑standing leases are in place
More about this property
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