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Downtown Mixed-Use Property
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36 South Street, New Providence, NJ 07974

Central Commercial District setting within New Providence’s walkable downtown commercial core.

Property Size8,263 SF
Price / SF$548.59
Days on Market8

Property Features for 36 South Street

General Information

Standard status Active
Size 8,263 SF
Total Parking Spaces 36
Property subtype Retail, Office
Zoning Central Commercial District
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 1969
Buildings 1
Stories 2
Units 2
Tenancy Multi
Listing Agency: Proventus Properties
Listed By: Jason Forster · License #0563578
Source: Crexi
Added: Aug 5 Changed: Aug 12 Last Checked: Aug 12 at 5:49AM

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 Proventus Properties

Investment Insights

Based on property information with market context.

This mixed-use property at 36 South Street was built in 1969 and is located within New Providence’s Central Commercial District. The district is designed for a traditional Main Street environment with mixed-use, retail, restaurant, and professional office activity. The property is positioned within a pedestrian-oriented downtown commercial core along South Street and Springfield Avenue.

The site is directly adjacent to Village Pass Shopping Center, which includes ACME, Starbucks, Orangetheory Fitness, Pure Barre, CVS Pharmacy, Jersey Mike’s, and CHOPT. Additional surrounding businesses include Barth’s Market, Club Pilates, and multiple national and regional banks. The surrounding 5-mile trade area has a daytime population exceeding 218,000.

Key Highlights

  • Central Commercial District zoning in New Providence
  • Directly adjacent to Village Pass Shopping Center
  • Nearby ACME, Starbucks, CVS Pharmacy, Jersey Mike’s, and CHOPT

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Restaurant Big Box & Wholesale Store Law Firm

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

676
Businesses Nearby

Demographics for 07974, NJ

13,122
Population
4,995
Households
2.6
Avg Household Size
43
Median Age
69%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
3,281
Density / Sq Mi
$168,860
Median Household Income
$95,875
Median Earnings
$2,042
Median Rent
$726,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Central Commercial District setting within New Providence’s walkable downtown commercial core.
Where is this mixed-use property located?
The property is located at 36 South Street New Providence, NJ.
What is the asking price?
The asking price for this property is $4,533,000.
What are key features of this property?
This property features: Central Commercial District zoning in New Providence; Directly adjacent to Village Pass Shopping Center; Nearby ACME, Starbucks, CVS Pharmacy, Jersey Mike’s, and CHOPT
More about this property
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