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Four-Unit Office Property
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536-540 Central Ave, Newark, NJ 07107

Flexible commercial suites feature abundant natural light, spacious layouts, and access to shared outdoor-use possibilities.

Property Size19,256 SF
Price / SF$0.21
Days on Market40

Property Features for 536-540 Central Ave

General Information

Standard status Active
Size 19,256 SF

Additional Details

Office Units 4

Building Details

Year Built 1950
Buildings 1
Stories 2
Tenancy Multi
Abandoned No
Listing Agency: BHHS JORDAN BARIS REALTY
Listed By: ELLEN QUENTZEL
Source: Luminancerealty
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 29 at 12:15PM

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 BHHS JORDAN BARIS REALTY

Investment Insights

Based on property information with market context.

This office property contains four commercial units arranged across two levels, with each suite measuring approximately 1250 square feet. The lower units are partially below grade but receive natural light through large windows, while the upper suites offer the same windowed environment with 12-foot ceilings. The property includes updated bathrooms and newly completed interior space.

Located at 536-540 Central Ave in Newark City, the property can accommodate a range of commercial applications identified in the source information, including retail, vocational training, school, and day care uses. Outdoor space may be available for tenant use on a case-by-case basis, with potential for parking or an outdoor play area subject to availability.

Key Highlights

  • Four commercial units arranged across two levels
  • Each unit is approximately 1250 square feet
  • Upper units feature large windows and 12 ft ceilings

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair Carpet & Flooring 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

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,387
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible commercial suites feature abundant natural light, spacious layouts, and access to shared outdoor-use possibilities.
Where is this office units located?
The property is located at 536-540 Central Ave Newark, NJ.
What are key features of this property?
This property features: Four commercial units arranged across two levels; Each unit is approximately 1250 square feet; Upper units feature large windows and 12 ft ceilings
More about this property
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