Versatile Basement Space for
For Lease
$809/Mo
473 Clinton Ave, Newark, NJ 07102
Adaptable basement space suitable for various commercial uses.
Space SizeContact for details
Property Size1,200 SF
Lot Size0.06 Acres
Days on Market821
Property Features for 473 Clinton Ave
General Information
Standard status
Active
Size
1,200 SF
Lot size
0.06 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,984
Amenities
Central air
1 Unit Heating
Central Air Cooling
Forced Hot Air Heating
On-Street Parking
Building Details
Year Built
2010
Listing Agency:
YALE KENT, LLC.
(908) 624-1222
Listed By:
STEPHEN BUCH · License #9481011
Source:
Corcoran
Added: May 11, 2024
Changed: Aug 8
Last Checked: Aug 8 at 1:58PM
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 YALE KENT, LLC.
Investment Insights
Based on property information with market context.
This basement space, ranging from approximately 500 to 1200 square feet, is available for rent and can accommodate various business needs. Potential uses include a workshop, studio, ghost kitchen, office space, kennel, or business/cellar storage. The space features sprinklers, high ceilings, and consistent temperatures. Lighting will be provided at no additional cost. It is located one floor below street level. This space is not intended for residential use and cannot be used as an apartment.
Key Highlights
- Versatile space suitable for workshop, studio, ghost kitchen, office, kennel, business, or storage.
- Sizeable area offering approximately 500 to 1200 square feet of usable space.
- Equipped with a sprinkler system for safety and code compliance.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.21 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,575
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Newark, NJ
$24.34 /SF/Yr
Avg Asking Price
$5.18–$59.38 /SF/Yr
Price Range
13,014 SF
Avg Space Size
This space is priced 67% below the average of $24.34 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Adaptable basement space suitable for various commercial uses.
Where is this office units located?
The property is located at 473 Clinton Ave Newark, NJ.
What is the lease rate?
The lease rate is $809/Mo.
What are key features of this property?
This property features: Versatile space suitable for workshop, studio, ghost kitchen, office, kennel, business, or storage.; Sizeable area offering approximately 500 to 1200 square feet of usable space.; Equipped with a sprinkler system for safety and code compliance.
