Financial
Distress signals
Property profile

45 Halsey St Newark, NJ 07102

FOR LEASE
Commercial real estate
Property ID
US59-0873028
0.04 ac lot
Last sale Jul 2022 · $999,999
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional executive office property at 45 Halsey Street in Newark, New Jersey, offers two available suites totaling 1,621 square feet in a two-story building. Located in Essex County, this property is ideal for businesses seeking a prestigious address in a vibrant urban setting. Each suite offers a minimum of 788 square feet and a maximum contiguous space of 833 square feet, providing flexibility for various business needs. The building's total square footage is 1,621 square feet,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$337k
Assessed land$187k
Assessed improvement$150k
Effective rate3.74%

Value estimate

· Sep 2026
$1.22M
$1.09M – $1.34M
AI approach$1.24M
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 610.84% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$694/SF
Submarket average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$198 – $1,287

Cap rate analysis

How does the asset earn?
610.84%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.1
Bike Shop8.1
Assisted Living Facility8.0

Location

45 Halsey St Newark, NJ 07102
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
162 University, Newark, NJ 07102-1924 $5,300,000 Sep 2025 N/A
53 Bleeker, Newark, NJ 07102-1900 $5,300,000 Sep 2025 N/A
158 University, Newark, NJ 07102 $5,300,000 Sep 2025 N/A
160 University, Newark, NJ 07102-1914 $5,300,000 Sep 2025 N/A
156 University, Newark, NJ 07102 $5,300,000 Sep 2025 N/A
164 University, Newark, NJ 07102-1983 $5,300,000 Sep 2025 N/A
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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