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Three-Story Flex Commercial Building
For Sale
$499,000

50 Duryea Street, Newark, NJ 07103

Three-story building with first-floor storage and office space on the second and third floors in a C-1 zone.

Property SizeContact for details
Days on Market50

Property Features for 50 Duryea Street

General Information

Standard status Active
Property subtype Commercial
Zoning C-1

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,103

Building Details

Stories 3
Listing Agency: RE/MAX Professionals 1
Listed By: Jorge Velasquez · License #259491
Source: Betterhomerealestate
Added: Jul 22 Changed: Sep 8 Last Checked: Sep 8 at 5:57AM

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 RE/MAX Professionals 1

Investment Insights

Based on property information with market context.

This three-story commercial building is suited for flex, office, and redevelopment planning, with the first floor currently used for storage and the second and third floors configured as office space. The existing layout provides flexibility for an owner-occupant, a renovation, or an adaptive reuse project, subject to municipal approvals.

The property is located in Newark within a C-1 Commercial Zone and is described as having convenient access to major highways, public transportation, and the city’s business district.

For practical use, the building’s vertical configuration separates storage on the lower level from office space above, allowing for straightforward occupancy planning while offering multiple paths for long-term reinvestment.

Key Highlights

  • Three‑story commercial building at 50 Duryea St., Newark, NJ
  • C‑1 Commercial Zone
  • First floor is currently used for storage

Property Analytics

Current Use

TwinstoneLLC Kitchen & Bath Showroom

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Pet Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,087
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Ivoire Delices LLC 21 Hecker St, Newark, NJ 07103
  • Metropolitano Caterers 139 7th Ave, Newark, NJ 07104

Frequently Asked Questions

What type of property is this?
Flex space - Three-story building with first-floor storage and office space on the second and third floors in a C-1 zone.
Where is this flex space located?
The property is located at 50 Duryea Street Newark, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three‑story commercial building at 50 Duryea St., Newark, NJ; C‑1 Commercial Zone; First floor is currently used for storage
More about this property
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