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Renovated Retail Space
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Elm St, Newark, NJ 07105

Compact storefront with central climate control, an accessible bathroom, and dedicated basement storage.

Property Size500 SF
Price / SF$4.40
Days on Market339

Property Features for Elm St

General Information

Standard status Active
Size 500 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $21,524

Amenities

central ac-heat
handicap bathroom
basement space for storage
3
Concrete, Laminate
Flat
500 SQFT +BSM, 500 SQFT +BSM
Central Business District.

Building Details

Year Renovated 2024
Listing Agency: EXIT REALTY LUCKY ASSOCIATES
Listed By: ANTONIO COSTA · License #238477
Source: Xome
Added: Sep 30, 2025 Changed: Sep 2 Last Checked: Sep 2 at 4:06PM

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 EXIT REALTY LUCKY ASSOCIATES

Investment Insights

Based on property information with market context.

This 500-square-foot retail space was renovated in 2024 and includes central air conditioning and heat, an accessible bathroom, and basement storage. Interior finishes include concrete and laminate surfaces, with a fire alarm system in place.

The unit is identified as 120 Elm St Unit 1F in Newark, New Jersey, within the Central Business District. The property has no parking and is associated with C1. The space also includes the basement area noted in the property details, providing additional storage beyond the main storefront.

Key Highlights

  • 500 SQFT +BSM
  • Renovated in 2024
  • Central AC and heat

Property Analytics

Current Use

Rincon Del Valle Restaurant

Suggested Use

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

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

5,534
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Compact storefront with central climate control, an accessible bathroom, and dedicated basement storage.
Where is this retail space located?
The property is located at Elm St Newark, NJ.
What are key features of this property?
This property features: 500 SQFT +BSM; Renovated in 2024; Central AC and heat
More about this property
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