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Office/Retail Suite with Ramp

642 Newark Ave, Elizabeth, NJ 07208

For Lease
$3,500/Mo

A compact commercial layout includes accessible entry, a half bath, and central heating and air conditioning.

Space Size1,124 SF
Days on Market70

Property Features for 642 Newark Ave

General Information

Standard status Active
Size 1,124 SF
Net Rentable 1,124 SF
Total Parking Spaces 3
Property subtype Office

Space & Availability

Available Space 1,124 SF
Contiguous Space 1,124 SF
Space Use Office

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $24,940

Amenities

handicap ramp access
ceramic floors
central ac/heat
1/2 bathroom

Building Details

Building Size 1,124 SF
Year Built 2019
Listing Agency: EXIT REALTY LUCKY ASSOCIATES
Listed By: ANTONIO COSTA · License #238477
Source: Tkregroupinc
Added: Sep 1 Changed: Nov 5 Last Checked: Nov 8 at 10:53AM

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 EXIT REALTY LUCKY ASSOCIATES

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,124-square-foot office and retail suite was built in 2019. Interior features include ceramic flooring, a half bathroom, and central air conditioning and heat. A handicap ramp provides access, and the property has three parking spaces.

The space is suited to professional uses. The tenant is responsible for utilities.

Key Highlights

  • 1,124‑square‑foot office and retail suite
  • Three parking spaces
  • Handicap ramp access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Yoly's Fashion Clothing & Fashion Store Zuatty Beauty Salon Hair Salon

Suggested Use

Top Pick Catering Service Veterinary Clinic Pet Store Pet Grooming Service Pet Store & Service Restaurant

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.61 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,503
Businesses Nearby

Demographics for 07208, NJ

33,561
Population
12,958
Households
2.6
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
18,645
Density / Sq Mi
$61,873
Median Household Income
$36,373
Median Earnings
$1,364
Median Rent
$425,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - A compact commercial layout includes accessible entry, a half bath, and central heating and air conditioning.
Where is this mixed-use property located?
The property is located at 642 Newark Ave Elizabeth, NJ.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 1,124‑square‑foot office and retail suite; Three parking spaces; Handicap ramp access
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