Search
Mixed-Use Property with Warehouse
For Lease
$1,450,000

699-701 Frelinghuysen Avenue, Newark, NJ 07114

A leased cigar retailer shares the ground level with vacant warehouse and office space.

Space SizeContact for details
Days on Market71

Property Features for 699-701 Frelinghuysen Avenue

General Information

Standard status Active
Property subtype Retail

Site & Location

Neighborhood Dayton

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $10,222
Listing Agency: EXP Realty, LLC
Listed By: Carlie Carreira · License #0454535
Source: Tkregroupinc
Added: Aug 24 Changed: Nov 1 Last Checked: Nov 1 at 4:02PM

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 EXP Realty, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 699-701 Frelinghuysen Avenue in Newark, this mixed-use building combines commercial space with six residential units on the second floor. A cigar retailer occupies part of the ground floor under an active lease. Separate warehouse space and an adjoining office area are vacant.

The property brings together leased retail, unoccupied commercial space, and six residential units within one building. The listing identifies the property as directly adjacent to the Lionsgate development.

Key Highlights

  • Six residential units on the second floor
  • Ground‑floor cigar retailer operates under an active lease
  • Separate vacant warehouse space with adjoining office area

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Skin Care Clinic Accounting Firm

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

444
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A leased cigar retailer shares the ground level with vacant warehouse and office space.
Where is this mixed-use property located?
The property is located at 699-701 Frelinghuysen Avenue Newark, NJ.
What is the lease rate?
The lease rate is $1,450,000.
What are key features of this property?
This property features: Six residential units on the second floor; Ground‑floor cigar retailer operates under an active lease; Separate vacant warehouse space with adjoining office area
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved