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Downtown Multi-Tenant Storefront Property
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314-316 WATCHUNG AVE, Plainfield, NJ 07060

Fully leased retail asset with established occupancy across multiple tenant spaces in a transit-served downtown setting.

Property SizeContact for details
Days on Market141

Property Features for 314-316 WATCHUNG AVE

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Okoro Realty Group, LLC
Listed By: Nnamdi Okoro · License #NJ
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:44AM

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 Okoro Realty Group, LLC

Investment Insights

Based on property information with market context.

This multi-tenant storefront property at 314-316 Watchung Ave includes five occupied tenant spaces and is currently fully leased. The asset offers a retail-oriented configuration in an established downtown commercial environment.

Plainfield Train Station, bus service, major highways, public parking, shopping, and schools are located nearby. The property’s downtown setting supports convenient access to transit and surrounding commercial and community services.

Key Highlights

  • Five occupied tenant spaces with full current occupancy
  • Storefront property at 314‑316 Watchung Ave, Plainfield, NJ 07060
  • Located near Plainfield Train Station and bus service

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Locksmith Pet Grooming Service Acupuncture (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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,170
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07060, NJ

48,423
Population
16,154
Households
3
Avg Household Size
35
Median Age
22%
College-Educated
74%
High-School Grad
5.0 sq mi
ZIP Area
9,685
Density / Sq Mi
$72,882
Median Household Income
$32,867
Median Earnings
$1,629
Median Rent
$369,400
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
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Similar Off Market Nearby

  • Plainfield Florist 8 Grandview Ave, North Plainfield, NJ 07060

Frequently Asked Questions

What type of property is this?
Storefront property - Fully leased retail asset with established occupancy across multiple tenant spaces in a transit-served downtown setting.
Where is this storefront property located?
The property is located at 314-316 WATCHUNG AVE Plainfield, NJ.
What are key features of this property?
This property features: Five occupied tenant spaces with full current occupancy; Storefront property at 314‑316 Watchung Ave, Plainfield, NJ 07060; Located near Plainfield Train Station and bus service
More about this property
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