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Second-Story Office Unit
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48 Commerce St, Newark, NJ 07102

Open-plan commercial space includes dedicated entry, private restroom, kitchenette, and flexible room division.

Property Size4,400 SF
Price / SF$0.80
Days on Market32

Property Features for 48 Commerce St

General Information

Standard status Active
Size 4,400 SF

Additional Details

Floor 2
Public Transit Yes

Amenities

modern drop ceiling with new lighting
central air and heat
private bathroom
kitchenette
private entrance

Building Details

Year Built 9999
Listing Agency: KELLER WILLIAMS CITY VIEWS REALTY
Listed By: MICHAEL E. DIBI
Source: Luminancerealty
Added: Jul 29 Changed: Aug 29 Last Checked: Aug 25 at 5:06AM

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 KELLER WILLIAMS CITY VIEWS REALTY

Investment Insights

Based on property information with market context.

This second-story office unit features an open layout that can be configured with private offices or a cubicle area. Interior improvements include a drop ceiling with new lighting, central air and heat, a private bathroom, and a kitchenette. A separate entrance provides direct access for occupants and visitors.

The property is at 48 Commerce St in downtown Newark, blocks from the Gateway Building and near the Prudential Center and Newark Penn Station. The surrounding location offers access to train and bus transportation, with major highways also serving the area. Its central setting supports professional office, creative studio, and small-business operations as described for the space.

Key Highlights

  • Second‑story office unit at 48 Commerce St, Newark, NJ
  • Open layout can be divided into private offices or a cubicle area
  • Drop ceiling with new lighting and central air and heat

Property Analytics

Current Use

Queen Pizza II Restaurant The Sky Rehab Recovery ... Counselor

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Buffet Carpet & Flooring Store Locksmith

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

6,372
Businesses Nearby

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

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan commercial space includes dedicated entry, private restroom, kitchenette, and flexible room division.
Where is this office units located?
The property is located at 48 Commerce St Newark, NJ.
What are key features of this property?
This property features: Second‑story office unit at 48 Commerce St, Newark, NJ; Open layout can be divided into private offices or a cubicle area; Drop ceiling with new lighting and central air and heat
More about this property
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