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Corner Retail Space
For Lease
$2,395/Mo

287 S Orange Ave #2, Newark, NJ 07103

C2 zoning supports retail use, with a configuration also suited to office occupancy.

Space Size1,200 SF
Days on Market39

Property Features for 287 S Orange Ave #2

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF
Total Parking Spaces 1
Zoning C2

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF

Site & Location

Neighborhood West Side

Building Details

Building Size 1,200 SF
Year Built 2008
Stories 1
Units 1
Listing Agency: Exit Realty Lucky Associates
Listed By: Patrick Dwyer · License #293621
Source: Cammarotarealestate
Added: Sep 16 Changed: Oct 22 Last Checked: Oct 22 at 2:28PM

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

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Investment Insights

Based on property information with market context.

This 1,200-square-foot retail space occupies a corner building and has 13-foot interior ceilings. The property was built in 2008 and is zoned C2. Its prior pharmacy operation provides context for the existing space, which may also accommodate office use.

The property is on S Orange Ave in Newark, near University Hospital and the Rutgers, NJIT, and New Jersey Medical School campuses. Newark Light Rail provides a public transit connection in the surrounding area.

Key Highlights

  • 1,200 square feet of retail space
  • 13‑foot interior ceilings
  • C2 zoning

Property Analytics

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.

Lease Details

NNN (Triple Net)
Lease Type
$3.59 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,641
Businesses Nearby
138k
Monthly Visits Nearby

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

Market

Lease Benchmarks for Newark, NJ

$21.15 /SF/Yr
Avg Asking Price
$2.49–$41.07 /SF/Yr
Price Range
7,362 SF
Avg Space Size

This space is priced 13% above the average of $21.15 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - C2 zoning supports retail use, with a configuration also suited to office occupancy.
Where is this retail space located?
The property is located at 287 S Orange Ave #2 Newark, NJ.
What is the lease rate?
The lease rate is $2,395/Mo.
What are key features of this property?
This property features: 1,200 square feet of retail space; 13‑foot interior ceilings; C2 zoning
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