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Basement Retail Space with Backyard
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45 Halsey St, Newark, NJ 07102

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

Property Size800 SF
Price / SF$3.13
Days on Market10

Property Features for 45 Halsey St

General Information

Standard status Active
Size 800 SF

Amenities

large open backyard

Building Details

Year Built 1950
Listing Agency: O'BRIEN REALTY
Listed By: NIKESH JAIN
Source: Luminancerealty
Added: Sep 18 Changed: Sep 25 Last Checked: Sep 26 at 9:41AM

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 800-square-foot, basement-level commercial space includes a broad open backyard that adds functional flexibility to the property. Built in 1950, the space is classified as retail and may accommodate business, creative, or community-oriented uses as supported by the property information.

The property is located at 45 Halsey St in Newark’s Historic Newark area, directly across from the Hahne’s building and within steps of Whole Foods. Restaurants, cafes, shops, entertainment destinations, transportation, and everyday amenities are situated nearby, placing the space within an active urban setting.

Key Highlights

  • 800 SF basement‑level retail space
  • Open backyard provides additional usable area
  • Located at 45 Halsey St, Newark City, NJ 07102

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.

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

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
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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, and entertainment.
Where is this retail space located?
The property is located at 45 Halsey St Newark, NJ.
What are key features of this property?
This property features: 800 SF basement‑level retail space; Open backyard provides additional usable area; Located at 45 Halsey St, Newark City, NJ 07102
More about this property
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