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Retail Space with Basement
New
For Lease
$9,000/Mo

425 SPRINGFIELD, Summit, NJ 07901

CommercialLease, SUMMIT, NJ

Space SizeContact for details
Days on Market6

Property Features for 425 SPRINGFIELD

General Information

Property type Other
Property subtype Retail
Rooms Basement
Parking features Garage, Parking Lot, On Street, Offsite
Elementary school district SUMMIT CITY SCHOOLS
Middle school district SUMMIT CITY SCHOOLS
High school district SUMMIT CITY SCHOOLS
Standard status Active

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1900
Building materials BlownInInsulation, Brick, Combination, Stone
Listing Agency: Keller Williams Realty Group
Listed By: Matthew W Strauss · License #RS356719
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 19 at 7:06PM
MLS# NJUN2000620

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail space is a leasing opportunity in a building constructed in 1900. The property includes a basement and features brick, stone, blown-in insulation, and combination construction materials. Building systems include forced-air heating and central air conditioning.

Parking options include on-street parking, a garage, off-site parking, and a parking lot. The site is scheduled to be vacant as of January 31, 2027.

Key Highlights

  • Retail space in a building constructed in 1900
  • Basement included
  • Central air conditioning and forced‑air heating

Property Analytics

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Open Analytics

Current Use

Bull N Bear ... Production Facility Summit Food & Gift ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Electrical Service Catering Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

2,988
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
4,828 visits/mo 0.2 miles

Demographics for 07901, NJ

24,199
Population
9,477
Households
2.6
Avg Household Size
40
Median Age
72%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
3,841
Density / Sq Mi
$177,986
Median Household Income
$87,088
Median Earnings
$2,209
Median Rent
$958,700
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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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space includes a basement, central air, and several parking options.
Where is this retail space located?
The property is located at 425 SPRINGFIELD Summit, NJ.
What is the lease rate?
The lease rate is $9,000/Mo.
What are key features of this property?
This property features: Retail space in a building constructed in 1900; Basement included; Central air conditioning and forced‑air heating
More about this property
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