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Mixed-Use Building with Retail Suites

97-99 Halsey Street, Newark, NJ 07102

For Sale
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Four commercial spaces span two floors, with central heating and cooling throughout.

Property SizeContact for details
Days on Market32

Property Features for 97-99 Halsey Street

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Central Business District
Mixed-Use Components retail, office, education

Additional Details

Floor 2

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Alpine MC Realty LLC
Listed By: Woo Choi
Source: Capmarkrealty
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 3:13AM

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 Alpine MC Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This two-story mixed-use building contains two ground-floor retail spaces, occupied by a nail salon and a bike shop. The upper level has an office and an academy. A roof replacement was completed in 2020, and the building has central heating and cooling.

The property is at 97-99 Halsey Street in Newark, New Jersey, within the business district. A university medical school is planned directly across the street.

Key Highlights

  • Two retail spaces on the first floor: a nail salon and a bike shop
  • Second floor includes an office and an academy
  • Roof replaced in 2020

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Veterinary Clinic Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store & Service Locksmith

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,133
Businesses Nearby
122k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Hotels & Casinos 30% Shops & Services 24% Apparel 10%
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.4 miles
Starbucks Dining
11,346 visits/mo 0.0 miles
Bank of America Shops & Services
11,294 visits/mo 0.4 miles
Robert Treat Hotel Hotels & Casinos
10,442 visits/mo 0.2 miles
TD Bank Shops & Services
10,303 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Newark, NJ

$377 Jul
$403 Aug
$217 Sep
$212 Oct

Properties on Market for Mixed-use properties in Newark

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four commercial spaces span two floors, with central heating and cooling throughout.
Where is this mixed-use property located?
The property is located at 97-99 Halsey Street Newark, NJ.
What are key features of this property?
This property features: Two retail spaces on the first floor: a nail salon and a bike shop; Second floor includes an office and an academy; Roof replaced in 2020
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