Listing Agency: Newmark Associates

Listed By: NANCY TUCKMAN · License #NJ 0999133

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:09PM

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Investment Insights

Based on property information with market context.

This retail property comprises approximately 3,330 square feet of commercial space. The asset is offered for sale at 577-579 South Orange Ave in Newark, New Jersey 07106.

Key Highlights

• 3,330 SF of retail space
• Located at 577‑579 South Orange Ave, Newark, NJ 07106

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Gym & Fitness Center

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

1,084

Businesses Nearby

8k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Conoco Shops & Services

7,032 visits/mo 0.4 miles

Caliber Collision Shops & Services

706 visits/mo 0.2 miles

Demographics for 07106, NJ

34,596

Population

13,633

Households

2.5

Avg Household Size

35

Median Age

18%

College-Educated

85%

High-School Grad

1.4 sq mi

ZIP Area

24,711

Density / Sq Mi

$48,105

Median Household Income

$34,820

Median Earnings

$1,221

Median Rent

$321,400

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial retail premises offered for purchase on South Orange Avenue.

Where is this retail space located?

The property is located at 577-579 South Orange Ave Newark, NJ.

What are key features of this property?

This property features: 3,330 SF of retail space; Located at 577‑579 South Orange Ave, Newark, NJ 07106