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Renovated Commercial Units Available
For Lease
$4,000/Mo

536 Central Ave, Newark, NJ 07107

Four renovated commercial units suitable for retail, school, daycare.

Space SizeContact for details
Lot Size0.18 Acres
Days on Market245

Property Features for 536 Central Ave

General Information

Standard status Active
Lot size 0.18 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $75,862

Amenities

Central air
Driveway-Exclusive
Ductless Split AC Cooling
Flat Roof
Forced Hot Air Heating
Parking Lot-Exclusive

Building Details

Year Built 1950
Listing Agency: BHHS JORDAN BARIS REALTY
Listed By: ELLEN QUENTZEL
Source: Corcoran
Added: Dec 31, 2025 Changed: Aug 31 Last Checked: Aug 31 at 7:44PM

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.

Four commercial units are available for rent, distributed across two levels. Each unit offers approximately 1250 square feet of space. The lower two units are partially below grade but benefit from large windows that provide good natural light. The upper two units feature large windows and 12-foot ceilings, creating a spacious environment. The space is newly renovated and includes bathrooms. The property is suitable for various uses, including retail, vocational training, schools, and day care centers. The owner is currently completing the renovation of the space. There is a possibility of making some outdoor space available for tenant use on a case-by-case basis, including potential parking or an outdoor play area.

Key Highlights

  • Four commercial units, each approximately 1250 sq ft, offering substantial space.
  • Completely renovated space with new bathrooms and good light.
  • Versatile units suitable for various uses including retail, vocational training, school, or daycare.

Property Analytics

Current Use

Retail space

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

NNN (Triple Net)
Lease Type
$0.37 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,387
Businesses Nearby
122k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 36% Electronics 1%
McDonald's Dining
39,847 visits/mo 0.4 miles
Wendy's Dining
24,571 visits/mo 0.4 miles
Exxon Shops & Services
16,858 visits/mo 0.2 miles
Checkers Dining
12,245 visits/mo 0.5 miles
Family Dollar Shops & Services
9,843 visits/mo 0.4 miles

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

Lease Benchmarks for Newark, NJ

$18.71 /SF/Yr
Avg Asking Price
$2.49–$41.07 /SF/Yr
Price Range
6,636 SF
Avg Space Size

This space is priced 87% below the average of $18.71 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Four renovated commercial units suitable for retail, school, daycare.
Where is this retail space located?
The property is located at 536 Central Ave Newark, NJ.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Four commercial units, each approximately 1250 sq ft, offering substantial space.; Completely renovated space with new bathrooms and good light.; Versatile units suitable for various uses including retail, vocational training, school, or daycare.
More about this property
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