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New Street Retail with Plaza Access
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69-77 Halsey St, Newark, NJ 07102

New street retail with public plaza access and a mix of national neighborhood tenants.

Property Size3,240 SF
Days on Market676

Property Features for 69-77 Halsey St

General Information

Standard status Active
Size 3,240 SF
Property subtype RETAIL
Listing Agency: The Blau & Berg Company
Listed By: Justyna Kuczaj · License #1974845
Source: Moodyscre
Added: Sep 24, 2024 Changed: Jul 26 Last Checked: Jul 30 at 1:47PM

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 The Blau & Berg Company

Investment Insights

Based on property information with market context.

This for-lease new street retail property includes approximately 19,171 SF of retail space and is tied into a public plaza. The center is positioned below new Rutgers students housing featuring 400 student beds, creating a built-in daytime and evening footfall profile tied to the adjacent residential population.

Tenant and surrounding retail mix includes Whole Foods, Barnes & Noble, Petco, City MD, Marcus B&P, Nike, Starbucks, Blaze Pizza, The Halal Guys, Citibank, and Chase. The public plaza provides an entrance on Halsey and Washington streets.

The development also benefits from a large nearby student population, with 45,000+ local students cited across Rutgers University, Berkeley College, Essex County College, NJIT, and Seton Hall Law, and a workforce of over 47,000 people within a 0.5-mile radius, including approximately 10,000 employees combined from Prudential & Rutgers.

Key Highlights

  • ±19,171 SF of new street retail
  • Public plaza with entrance on Halsey and Washington streets
  • Anchored by national neighborhood tenants including Whole Foods, Barnes & Noble, Petco, Nike, Starbucks, and Citibank

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Buffet Adult Day Care

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

6,355
Businesses Nearby
151k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 32% Dining 30% Hotels & Casinos 24% Apparel 8%
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.3 miles
Starbucks Dining
11,346 visits/mo 0.2 miles
Bank of America Shops & Services
11,294 visits/mo 0.3 miles
BP Shops & Services
11,278 visits/mo 0.5 miles
Robert Treat Hotel Hotels & Casinos
10,442 visits/mo 0.3 miles

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
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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Similar Off Market Nearby

  • Iron Bound Station Plaza — 2 Ferry St, Newark, NJ 07105
  • Nuts.com — 1 Raymond Plaza W, Newark, NJ 07102
  • The Weave Bar — 1212 Raymond Blvd, Newark, NJ 07102
  • Quickckeck on Raymond — raymond plaza e, newark, nj 07105
  • J. Wighman — 188 Washington St, Newark, NJ 07102

Frequently Asked Questions

What type of property is this?
Shopping center - New street retail with public plaza access and a mix of national neighborhood tenants.
Where is this shopping center located?
The property is located at 69-77 Halsey St Newark, NJ.
What are key features of this property?
This property features: ±19,171 SF of new street retail; Public plaza with entrance on Halsey and Washington streets; Anchored by national neighborhood tenants including Whole Foods, Barnes & Noble, Petco, Nike, Starbucks, and Citibank
(610) 533-1101 Call to check price and availability
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