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Newark Mixed-Use Commercial Opportunity
For Sale
$1,999,000
Pending

709 Frelinghuysen #707, Newark, NJ 07114

Multi-use asset in Newark's promising growth corridor.

Property SizeContact for details
Days on Market224

Property Features for 709 Frelinghuysen #707

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,678

Amenities

Gas Heating
Listing Agency: EXP REALTY, LLC
Listed By: CARLIE CARREIRA
Source: Corcoran
Added: Jan 21 Changed: Aug 8 Last Checked: Jul 23 at 8:42AM

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

Investment Insights

Based on property information with market context.

This commercial property is located in Newark, adjacent to the Lions Gate development. The property features three street-level commercial storefronts along Frelinghuysen Avenue, which benefits from high traffic and foot traffic. In addition, the building includes two warehouse spaces with access from Foster Street. These spaces offer options for storage, distribution, or light industrial use. The property is located in a rapidly developing area, presenting potential for investors, owner-users, or redevelopment.

Key Highlights

  • Prime location adjacent to the new Lions Gate development.
  • Three street‑level commercial storefronts on high‑traffic Frelinghuysen Avenue.
  • Two warehouse spaces with Foster Street access.

Property Analytics

Current Use

METRO PHARMACY Pharmacy Ace Pharmacy First ... Pharmacy

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.

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-use asset in Newark's promising growth corridor.
Where is this mixed-use property located?
The property is located at 709 Frelinghuysen #707 Newark, NJ.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Prime location adjacent to the new Lions Gate development.; Three street‑level commercial storefronts on high‑traffic Frelinghuysen Avenue.; Two warehouse spaces with Foster Street access.
More about this property
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