Listing Agency: The Kislak Company Inc Woodbridge p***@kislakrealty.com Show Phone

Listed By: Peter Wisniewski · License #NJ 8542500

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 4:17AM

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Investment Insights

Based on property information with market context.

This offering includes six garage units within a light industrial condo complex. The garages provide a compact light industrial configuration well-suited for storage or service-related needs, with a total of 2,000 SF across the available units.

The property is located at 705 Central Avenue in New Providence, NJ. Specific unit mix, sizes by bay, and individual accessibility details are not provided in the available information.

Interested parties can contact the listing team for additional details regarding the individual garage units and condo terms.

Key Highlights

• Six garage units totaling 2,000 SF available in a light industrial condo complex
• 2,000 SF garages located within a light industrial condo complex

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

712

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 07974, NJ

13,122

Population

4,995

Households

2.6

Avg Household Size

43

Median Age

69%

College-Educated

96%

High-School Grad

4.0 sq mi

ZIP Area

3,281

Density / Sq Mi

$168,860

Median Household Income

$95,875

Median Earnings

$2,042

Median Rent

$726,000

Median Home Value

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

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Similar For Sale Nearby

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8,263 SF

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Office Condo with Storage

72 Floral Ave, New Providence, NJ 07974

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1,500 SF

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Similar Off Market Nearby

• Beyond Delicious Catering LLC — 41 Spring St, New Providence, NJ 07974

Frequently Asked Questions

What type of property is this?

Flex space - Six garage units totaling 2,000 SF are available in a light industrial condo complex.

Where is this flex space located?

The property is located at 705 Central Avenue New Providence, NJ.

What are key features of this property?

This property features: Six garage units totaling 2,000 SF available in a light industrial condo complex; 2,000 SF garages located within a light industrial condo complex