6-Unit Retail
For Lease
$1,000/Mo
43 Merchant St #204, Newark, NJ 07105
Commercial zoning and multiple unit configurations support a range of business layouts.
Space SizeContact for details
Days on Market153
Property Features for 43 Merchant St #204
General Information
Standard status
Active
Zoning
Commercial
Site & Location
Neighborhood
Ironbound
Public Transit
Yes
Building Details
Year Built
1950
Listing Agency:
Florostone Realty Inc.
Listed By:
Grisela Flores · License #0792631
(908) 445-5339
Source:
Cammarotarealestate
Added: May 27
Changed: Oct 25
Last Checked: Oct 22 at 2:15PM
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 Florostone Realty Inc.
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Investment Insights
Based on property information with market context.
This retail property contains six individual units in varying sizes, with multiple configuration options. Commercial zoning is in place, and the building dates to 1950.
At 43 Merchant St in Newark’s Ironbound section, the property is just off Ferry Street. Public transportation, Newark Penn Station, Downtown Newark, and major highways are nearby.
At 43 Merchant St in Newark’s Ironbound section, the property is just off Ferry Street. Public transportation, Newark Penn Station, Downtown Newark, and major highways are nearby.
Key Highlights
- Six individual units in varying sizes
- Commercial zoning
- Located just off Ferry Street in Newark’s Ironbound section
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,062
Businesses Nearby
192k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Groceries 25%
Dining 13%
Electronics 6%
Seabra's Market
Groceries
47,485 visits/mo
0.3 miles
McDonald's
Dining
22,083 visits/mo
0.2 miles
Capital One Bank
Shops & Services
16,640 visits/mo
0.2 miles
BP
Shops & Services
14,035 visits/mo
0.4 miles
Bank of America
Shops & Services
13,516 visits/mo
0.1 miles
Demographics for 07105, NJ
50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial zoning and multiple unit configurations support a range of business layouts.
Where is this retail space located?
The property is located at 43 Merchant St #204 Newark, NJ.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Six individual units in varying sizes; Commercial zoning; Located just off Ferry Street in Newark’s Ironbound section
