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Ground-Floor Creative Office
For Lease
$600/Mo

60-64 Union St, Newark, NJ 07105

A 161-square-foot private workspace includes two windows and access to shared kitchenette and bathroom facilities.

Space SizeContact for details
Property Size25,000 SF
Days on Market21

Property Features for 60-64 Union St

General Information

Standard status Active
Size 25,000 SF
Property subtype Mixed Use

Site & Location

Neighborhood Ironbound

Taxes and HOA fees

Annual Taxes $9,999

Building Details

Building Size 25,000 SF
Year Built 1895
Listing Agency: EXODUS REAL ESTATE
Listed By: JEFFREY KARN
Source: Tkregroupinc
Added: Oct 15 Changed: Nov 1 Last Checked: Nov 3 at 9:00AM

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 EXODUS REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

This 161-square-foot office or studio occupies the ground-floor English basement of a converted industrial building dating to 1895. The private space has two windows, with 8-foot ceilings and garden views. Three studios share a 1,230-square-foot common area equipped with a kitchenette and private bathroom. Building details include exposed brick, heavy timber, and industrial fixtures, with access available 24/7.

The property is in Newark’s Ironbound section, two blocks from Newark Penn Station and a half block from Ferry Street. It is across from a 400-unit residential rental complex, with downtown Newark, Prudential Center, and NJPAC nearby. Newark Airport is a short car ride away.

Key Highlights

  • 161‑square‑foot private studio or office with two windows
  • Ground‑floor English basement with 8‑foot ceilings and garden views
  • Three studios share a 1,230‑square‑foot common area with kitchenette and private bathroom

Property Analytics

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Current Use

Creative space

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Buffet Clothing & Fashion Store Arcade & Gaming 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,297
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Creative space - A 161-square-foot private workspace includes two windows and access to shared kitchenette and bathroom facilities.
Where is this creative space located?
The property is located at 60-64 Union St Newark, NJ.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: 161‑square‑foot private studio or office with two windows; Ground‑floor English basement with 8‑foot ceilings and garden views; Three studios share a 1,230‑square‑foot common area with kitchenette and private bathroom
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