Restaurant Space with
For Lease
$10,000/Mo
Pending
646 Newark Avenue Unit COMMERCIAL, Jersey City, NJ 07306
Restaurant premises with a vented kitchen, basement storage, and NNN lease structure for a five-year-plus term.
Space SizeContact for details
Days on Market171
Property Features for 646 Newark Avenue Unit COMMERCIAL
General Information
Standard status
Pending
Property subtype
Other
Listing Agency:
Compass
(908) 433-7999
Listed By:
Andrew Botticelli · License #0121065
(908) 433-7999
Source:
Compass
Added: Mar 13
Changed: Aug 29
Last Checked: Aug 29 at 2:15PM
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 Compass
Investment Insights
Based on property information with market context.
Restaurant space at 646 Newark Avenue, Unit COMMERCIAL, includes approximately 2,000 square feet on the first floor and an additional 1,500 square feet in the basement. The main level features ceilings exceeding 14 feet, tile and wood flooring, exposed brick, and central heating and air conditioning. A fully vented kitchen is in place with some appliances included.
The property also provides an approximately 1,800-square-foot exterior yard or patio that can support outdoor dining, a beer garden, or events, subject to landlord and building approvals. The side yard may be customized with the required approvals. The NNN lease is structured for a 5+ year term with escalations; the tenant is responsible for 60% of taxes, water, and sewer, along with separate utilities. The premises are ready for occupancy.
The property also provides an approximately 1,800-square-foot exterior yard or patio that can support outdoor dining, a beer garden, or events, subject to landlord and building approvals. The side yard may be customized with the required approvals. The NNN lease is structured for a 5+ year term with escalations; the tenant is responsible for 60% of taxes, water, and sewer, along with separate utilities. The premises are ready for occupancy.
Key Highlights
- Approximately 2,000 SF first floor plus 1,500 SF basement
- Approximately 1,800 SF exterior yard or patio
- Fully vented kitchen with some appliances in place
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,826
Businesses Nearby
147k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 46%
Apparel 4%
Electronics 2%
White Castle
Dining
27,307 visits/mo
0.3 miles
McDonald's
Dining
20,888 visits/mo
0.4 miles
7-Eleven
Shops & Services
16,621 visits/mo
0.2 miles
Dunkin' Donuts
Dining
13,894 visits/mo
0.2 miles
Chase Bank
Shops & Services
11,854 visits/mo
0.3 miles
Demographics for 07306, NJ
55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant premises with a vented kitchen, basement storage, and NNN lease structure for a five-year-plus term.
Where is this conventional restaurant located?
The property is located at 646 Newark Avenue Unit COMMERCIAL Jersey City, NJ.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: Approximately 2,000 SF first floor plus 1,500 SF basement; Approximately 1,800 SF exterior yard or patio; Fully vented kitchen with some appliances in place
