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Basement Retail Space with Backyard
New
For Lease
$2,500/Mo

45 Halsey St, Newark, NJ 07102

Basement-level commercial space with an open backyard near dining, shopping, entertainment, and transportation amenities.

Space SizeContact for details
Days on Market4

Property Features for 45 Halsey St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Floor Basement

Taxes and HOA fees

Annual Taxes $13,484

Amenities

large open backyard
Central air
1 Unit Cooling
1 Unit Heating

Building Details

Year Built 1950
Listing Agency: O'BRIEN REALTY
Listed By: NIKESH JAIN
Source: Corcoran
Added: Sep 12 Changed: Sep 15 Last Checked: Sep 15 at 6:42AM

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 O'BRIEN REALTY

Investment Insights

Based on property information with market context.

This basement-level retail space at 45 Halsey St offers an open interior layout paired with a large backyard. The property was built in 1950 and provides a flexible commercial setting for business, creative, or community uses.

The Newark location sits across from the new Hahne's building and near Whole Foods. Restaurants, cafes, shops, entertainment destinations, transportation, and everyday amenities are all located in the surrounding area, placing the space within an active urban commercial environment.

Key Highlights

  • Basement‑level retail space with a large open backyard
  • Located at 45 Halsey St, Newark City, NJ 07102
  • Across from the new Hahne's building

Property Analytics

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Current Use

Leafwell - Medical Marijuana ... Medical Clinic Plantivia Wellness Newark Gym & Fitness Center Clairvoyance, by. Mister ... Spiritual Center Leafwell Medical Clinic Plantivia Wellness Gym & Fitness Center

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Buffet Adult Day Care

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
$5.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,470
Businesses Nearby
110k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Dining 38% Hotels & Casinos 9% Apparel 8%
Speedway Shops & Services
15,735 visits/mo 0.5 miles
Starbucks Dining
11,346 visits/mo 0.2 miles
Bank of America Shops & Services
11,294 visits/mo 0.5 miles
Robert Treat Hotel Hotels & Casinos
10,442 visits/mo 0.3 miles
TD Bank Shops & Services
10,303 visits/mo 0.4 miles

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newark, NJ

$21.56 /SF/Yr
Avg Asking Price
$2.49–$41.07 /SF/Yr
Price Range
6,914 SF
Avg Space Size

This space is priced 74% above the average of $21.56 /SF/Yr.

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 - Basement-level commercial space with an open backyard near dining, shopping, entertainment, and transportation amenities.
Where is this retail space located?
The property is located at 45 Halsey St Newark, NJ.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Basement‑level retail space with a large open backyard; Located at 45 Halsey St, Newark City, NJ 07102; Across from the new Hahne's building
More about this property
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