Retail Space Near
For Lease
Contact for pricing
62 Elizabeth Ave, Newark, NJ 07108
Lease opportunity positioned near major highways and Penn Station.
Space Size1,950 SF
Property Size12,000 SF
Days on Market162
Property Features for 62 Elizabeth Ave
General Information
Standard status
Active
Size
1,950 SF
Net Rentable
1,950 SF
Class
C
Property subtype
Retail
Lease Type
Gross
Space & Availability
Available Space
1,950 SF
Contiguous Space
1,950 SF
Space Use
Retail
Building Details
Building Size
12,000 SF
Year Built
1950
Tenancy
Multiple
Spaces For Lease
at 62 Elizabeth Ave Contact us- Size
- 1,950 SF
- Type
- Retail
- Lease Type
- Gross
- Availability
- Active
62 Elizabeth Ave $21.50/SF/Yr
Listing Agency:
Clifton CRE
(973) 379-6644
Listed By:
Meir Mizrachi · License #NJ 1861520
Source:
Crexi
Added: Mar 23
Changed: Aug 30
Last Checked: Apr 23 at 10:20PM
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 Clifton CRE
Investment Insights
Based on property information with market context.
Retail space available for lease at 62 Elizabeth Avenue in Newark, New Jersey. The property provides approximately 1,950 SF for retail use.
The location is 0.7 miles from I-78, 1.5 miles from Penn Station, and 2.6 miles from I-280, offering proximity to regional roadways and rail service.
The location is 0.7 miles from I-78, 1.5 miles from Penn Station, and 2.6 miles from I-280, offering proximity to regional roadways and rail service.
Key Highlights
- Approximately 1,950 SF of retail space
- 0.7 miles to I‑78
- 1.5 miles to Penn Station
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.23 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,458
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 25%
Groceries 17%
Apparel 10%
Dunkin' Donuts
Dining
15,034 visits/mo
0.5 miles
Superfresh
Groceries
10,331 visits/mo
0.3 miles
Family Dollar
Shops & Services
8,600 visits/mo
0.4 miles
Rainbow
Apparel
5,855 visits/mo
0.4 miles
Mobil
Shops & Services
5,463 visits/mo
0.4 miles
Demographics for 07108, NJ
28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
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 15% above the average of $18.71 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Lease opportunity positioned near major highways and Penn Station.
Where is this retail space located?
The property is located at 62 Elizabeth Ave Newark, NJ.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Approximately 1,950 SF of retail space; 0.7 miles to I‑78; 1.5 miles to Penn Station
