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Corner Storefront Building
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287 S Orange Ave, Newark, NJ 07103

Flexible commercial space suited to retail or office use, with high interior ceilings for storage and shelving.

Property Size1,200 SF
Price / SF$2.00
Days on Market7

Property Features for 287 S Orange Ave

General Information

Standard status Active
Size 1,200 SF

Additional Details

Corner Location Yes

Building Details

Year Built 2008
Listing Agency: EXIT REALTY LUCKY ASSOCIATES
Listed By: PATRICK DWYER · License #293621
Source: Luminancerealty
Added: Sep 19 Last Checked: Sep 24 at 1:26PM

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 EXIT REALTY LUCKY ASSOCIATES

Investment Insights

Based on property information with market context.

This 1,200-square-foot corner storefront building was constructed in 2008 and was most recently used as a pharmacy. The space supports retail or office occupancy and features 13-foot interior ceilings that accommodate shelving and storage needs.

Located at 287 S Orange Ave in Newark’s University Heights/Fairmount corridor, the property is near University Hospital and the Rutgers, NJIT, and New Jersey Medical School campuses. Newark Light Rail and other public transit options provide access for employees and customers.

Key Highlights

  • 1,200‑square‑foot corner storefront building
  • Most recently operated as a pharmacy
  • 13‑foot interior ceilings for shelving and storage

Property Analytics

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Current Use

Michael's Pharmacy Pharmacy UPS Access Point ... Courier Service

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Acupuncture Tattoo & Piercing 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.

Location Intelligence

Trade Area within ½ mile

2,641
Businesses Nearby
138k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 41% Electronics 1%
Wendy's Dining
23,955 visits/mo 0.5 miles
Dunkin' Donuts Dining
20,567 visits/mo 0.5 miles
Exxon Shops & Services
16,331 visits/mo 0.4 miles
Applebee's Dining
13,677 visits/mo 0.4 miles
IHOP Dining
12,934 visits/mo 0.4 miles

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

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  • Benevolent — 196 12th ave, newark, nj 07107
  • Couture Gardens — 296 Central Ave, Newark, NJ 07103

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial space suited to retail or office use, with high interior ceilings for storage and shelving.
Where is this storefront property located?
The property is located at 287 S Orange Ave Newark, NJ.
What are key features of this property?
This property features: 1,200‑square‑foot corner storefront building; Most recently operated as a pharmacy; 13‑foot interior ceilings for shelving and storage
More about this property
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