Open-Plan Retail
For Lease
Contact for pricing
245 NEWARK AVE, Jersey City, NJ 07302
Flexible commercial space with a mezzanine, high ceilings, and built-in cooking infrastructure for customized retail or food-and-beverage use.
Space Size10,000 SF
Days on Market62
Property Features for 245 NEWARK AVE
General Information
Standard status
Active
Size
10,000 SF
Net Rentable
10,000 SF
Property subtype
Retail
Space & Availability
Available Space
10,000 SF
Contiguous Space
10,000 SF
Amenities
built-in hood system
Building Details
Year Built
2020
Tenancy
Multiple
Spaces For Lease
at 245 NEWARK AVE Contact us- Size
- 10,000 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
SERHANT
(917) 334-9663
Listed By:
Alexander Calle · License #NJ 1752924
Source:
Crexi
Added: Jul 1
Changed: Aug 30
Last Checked: Aug 31 at 8:54AM
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 SERHANT
Investment Insights
Based on property information with market context.
This approximately 10,000-square-foot retail space includes a mezzanine and was built in 2020. The interior is delivered in an open, unbuilt condition with high ceilings, giving occupants flexibility to configure the space around their operating requirements. A built-in cooking hood supports restaurant and other food-service concepts, while the overall footprint can accommodate retail, wellness, and experiential uses described for the property.
The property is located at 245 Newark Avenue in Downtown Jersey City, along Newark Avenue’s retail corridor and on a direct route to the Grove Street PATH station. The surrounding area includes established retail, dining, and residential development, with neighborhood activity extending through the day and evening.
The property is located at 245 Newark Avenue in Downtown Jersey City, along Newark Avenue’s retail corridor and on a direct route to the Grove Street PATH station. The surrounding area includes established retail, dining, and residential development, with neighborhood activity extending through the day and evening.
Key Highlights
- Approximately 10,000 square feet including a mezzanine
- Open, unbuilt interior allows customized layout and design
- High ceilings provide substantial interior volume
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,197
Businesses Nearby
272k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Superstores 28%
Dining 16%
Shops & Services 10%
BJ's Wholesale Club
Superstores
76,178 visits/mo
0.5 miles
ShopRite
Groceries
66,970 visits/mo
0.4 miles
99 Ranch Market
Groceries
41,102 visits/mo
0.3 miles
Dunkin' Donuts
Dining
18,280 visits/mo
0.4 miles
Sunoco
Shops & Services
13,221 visits/mo
0.5 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
Market
Lease Benchmarks for Jersey City, NJ
$49.61 /SF/Yr
Avg Asking Price
$35–$80 /SF/Yr
Price Range
10,979 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial space with a mezzanine, high ceilings, and built-in cooking infrastructure for customized retail or food-and-beverage use.
Where is this retail space located?
The property is located at 245 NEWARK AVE Jersey City, NJ.
What are key features of this property?
This property features: Approximately 10,000 square feet including a mezzanine; Open, unbuilt interior allows customized layout and design; High ceilings provide substantial interior volume
