Freestanding Commercial Building with
For Sale
$850,000
349-351 John, East Newark, NJ 07029
High-visibility corner lot suitable for various commercial uses.
Property SizeContact for details
Days on Market149
Property Features for 349-351 John
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$15,133
Amenities
Central Air Heating
Gas Heating
Listing Agency:
ROSA AGENCY-IRONBOUND, LLC
(973) 589-7550
Listed By:
MICHAEL ROSA
Source:
Corcoran
Added: Mar 27
Changed: Aug 21
Last Checked: Aug 21 at 8:50AM
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 ROSA AGENCY-IRONBOUND, LLC
Investment Insights
Based on property information with market context.
This freestanding commercial building, previously used as a bank, includes an existing drive-thru. The property is suitable for financial institutions, medical users, quick-service restaurants, or retail redevelopment. Situated on a high-visibility corner lot measuring approximately 46 x 97, the property benefits from significant exposure and traffic. The layout is designed for functionality, accommodating various business operations. Convenient ingress and egress are present, along with on-site parking potential. The corner location enhances signage visibility and branding opportunities. Located in a commercial area, the property is surrounded by established businesses, public transportation, and residential neighborhoods. The property is located near an approved 1,000-unit apartment complex.
Key Highlights
- Existing drive‑thru suitable for various businesses.
- High‑visibility corner lot with strong traffic counts.
- Excellent functionality for diverse business uses with convenient access and parking potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,484
Businesses Nearby
244k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Groceries 30%
Dining 19%
Hotels & Casinos 4%
ShopRite
Groceries
73,309 visits/mo
0.4 miles
PetSmart
Shops & Services
27,525 visits/mo
0.5 miles
Speedway
Shops & Services
15,735 visits/mo
0.4 miles
AutoZone
Shops & Services
13,201 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
12,235 visits/mo
0.4 miles
Demographics for 07029, NJ
22,044
Population
10,485
Households
2.1
Avg Household Size
33
Median Age
47%
College-Educated
87%
High-School Grad
1.3 sq mi
ZIP Area
16,957
Density / Sq Mi
$80,495
Median Household Income
$52,097
Median Earnings
$2,036
Median Rent
$433,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - High-visibility corner lot suitable for various commercial uses.
Where is this bank located?
The property is located at 349-351 John East Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Existing drive‑thru suitable for various businesses.; High‑visibility corner lot with strong traffic counts.; Excellent functionality for diverse business uses with convenient access and parking potential.
