Retail

Newark, NJ Retail Properties & Spaces for Sale

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Newark Investment Opportunity
Updated: Mar 11
Newark Investment Opportunity

391 Hawthorne Ave, Newark, NJ 07112

$900,000
4,500 sqft 0.12 AC lot
Potential for $7,000/month rental income with all three units rented.
Two units are currently rented on NNN leases with five years remaining and a right of renewal.
Each unit has its own basement providing an additional 1,000 sqft of storage space.
Roof was replaced in 2021.
Each unit pays its own utilities with separate meters.
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This listing looks promising.

Here's a quick look at some key insights for

391 Hawthorne Ave, Newark, NJ 07112-1644

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Downtown Newark Mixed-Use Redevelopment Opportunity
Updated: May 14
Downtown Newark Mixed-Use Redevelopment Opportunity

118 Market St, Newark, NJ 07102

$1,695,000
10,000 sqft
Prime Downtown Newark location in the main commercial corridor.
Immediate value‑add and long‑term redevelopment potential for mixed‑use.
Surrounded by major anchors including Prudential Financial, Prudential Center, NJPAC, Rutgers‑Newark, and NJIT.
Located in a rapidly evolving, transit‑oriented district driven by residential growth.
Flexible second‑floor layout ideal for conversion.
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Mixed-Use Building with Income Potential
Mixed-Use Building with Income Potential

504 Springfield Ave, Newark, NJ 07103

$649,999
4,700 sqft 0.06 AC lot

Mixed-use building featuring retail space and residential apartments.

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Mixed-Use Two-Unit Property with Retail
Mixed-Use Two-Unit Property with Retail

199 Summer Ave, Newark, NJ 07104

$649,500
0.06 AC lot

Two-unit mixed-use building combines a leased ground-floor grocery with an upstairs 4-bedroom rental unit.

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Multi-Tenant Retail Corner Building
Multi-Tenant Retail Corner Building

763 IRVINGTON AVE, Newark, NJ 07106

$1,000,000
5,100 sqft

Fully leased retail corner property with dedicated parking and frontage on Irvington Avenue.

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Newark Mixed-Use Commercial Opportunity
Newark Mixed-Use Commercial Opportunity

707 Frelinghuysen Ave, Newark, NJ 07114

$1,999,000
7,450 sqft 0.10 AC lot

Multi-use property in Newark's growing corridor with storefronts and warehouses.

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Newark Commercial Property For Sale
Newark Commercial Property For Sale

34 Foster St, Newark, NJ 07114

$1,999,000
6,250 sqft 0.14 AC lot

Mixed-use property with warehouse and storefront spaces in Newark.

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Prime Corner Mechanic Shop Opportunity
Prime Corner Mechanic Shop Opportunity

146 -148 Hudson St, Newark, NJ 07103

$775,000
3,600 sqft 0.14 AC lot

Mechanic shop in Newark's University Heights neighborhood for sale.

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Turnkey Laundromat and Real Estate
Turnkey Laundromat and Real Estate

625-627 Springfield Avenue, Newark, NJ 07103

$670,000
2,712 sqft

Turnkey laundromat operation with updated HVAC and equipment, offered together with the underlying real estate for a ready-to-run business.

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Mixed-Use Property with Retail Stores
Mixed-Use Property with Retail Stores

188 Bloomfield Ave, Newark, NJ 07104

$1,300,000
5,100 sqft 0.12 AC lot

Mixed-use property featuring retail stores and development potential.

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Mixed-Use Retail and Apartment Building
Mixed-Use Retail and Apartment Building

620 S ORANGE AVE Unit 6, Newark, NJ 07106

$900,000
7,287 sqft

Vacant renovated storefront with five occupied apartments above, offering flexible as-is ownership.

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Equipped Warehouse in Prime Newark
Equipped Warehouse in Prime Newark

236 Park Ave, Newark, NJ 07107

$1,900,000
11,519 sqft

11,000+ SF warehouse with mechanic shop equipment for sale.

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Mixed-Use Quadplex with Convenience Store
Mixed-Use Quadplex with Convenience Store

661 SOUTH 18TH STREET Unit 0, Newark, NJ 07103

$899,900
8,500 sqft

Four residential units plus a ground-floor convenience store, with off-street parking via private driveway and detached garage.

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Neighborhood Retail with Barber Shop
Neighborhood Retail with Barber Shop

289 16Th Ave, Newark, NJ 07103

$475,000
1,063 sqft

Two retail spaces, previously a barber shop, for sale.

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Newark Mixed-Use Building For Sale
Newark Mixed-Use Building For Sale

25 Jacob, Newark, NJ 07103

$265,000
2,000 sqft

Mixed-use building in Newark with commercial and residential spaces.

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Mixed-Use Asset with Income Potential
Mixed-Use Asset with Income Potential

358 S Orange Ave, Newark, NJ 07103

$1,300,000
8,000 sqft

Income-producing property with residential and retail units in Newark, NJ.

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Newark Mixed-Use Investment Opportunity
Newark Mixed-Use Investment Opportunity

699 Frelinghuysen Ave, Newark, NJ 07114

$1,450,000
11,650 sqft 0.10 AC lot

Mixed-use building with commercial and residential spaces in prime Newark.

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Mixed-Use Investment Opportunity in Newark
Mixed-Use Investment Opportunity in Newark

474 15Th Ave, Newark, NJ 07103

$750,000
3,200 sqft 0.06 AC lot

Mixed-use property with residential units and commercial storefront.

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McWhorter Street Investment Opportunity
McWhorter Street Investment Opportunity

168 Mcwhorter St, Newark, NJ 07105

$999,999
2,400 sqft

Commercial building in Newark's Ironbound, ideal for investment or redevelopment.

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Mixed-Use Property in Newark Arena District
Mixed-Use Property in Newark Arena District

218 Mulberry St, Newark, NJ 07102

$4,800,000
39,500 sqft 0.08 AC lot

Income-producing mixed-use property near Prudential Center with redevelopment potential.

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Newly Renovated Storefront Space
Newly Renovated Storefront Space

340-342 S 10TH ST, Newark, NJ 07103

Contact for pricing
900 sqft

Versatile, newly renovated storefront with a flexible layout suitable for retail, office, wellness, or childcare uses near transit.

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Direct-Access Retail Storefront
Direct-Access Retail Storefront

971-967 Bergen St, Newark, NJ 07112

Contact for pricing
1,800 sqft

Direct-access retail space offers convenient customer entry and street-facing presence along Bergen Avenue.

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Unit 1 Storefront Retail Space
Unit 1 Storefront Retail Space

650 MOUNT PROSPECT AVE Unit 1, Newark, NJ 07104

Contact for pricing
150,050 sqft

Street-level retail suite with parking available for a fee in a high-traffic North Ward area.

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Established Nightclub/Bar in Newark
Established Nightclub/Bar in Newark

615 Orange St, Newark, NJ 07107

$600,000
0.03 AC lot

Fully equipped nightclub/bar with liquor license in Newark, NJ.

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Newark, NJ Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Newark, NJ, showcased through 67 active listings on our real estate platform. These investment opportunities span a total of 168,545 square feet of properties for sale, with an estimated market value of $32,721,898.

Sale prices for stores in Newark, NJ start at $265,000, averaging $1,308,875, and reaching up to $4,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 35
Automotive properties 13
Auto shops 9
Grocery and convenience stores 8
Shopping centers 2

Demographics Overview

Population 307K
Population Growth (5Y) +8.9%
Median Household Income $47,918
College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07112 $759.8K
07103 $780.9K
07107 $862.5K
07104 $938.4K
07106 $950K

Taxes & Financing

Tax Rate (average for all types) 3.63%
Property Tax per SF $23.25 per SF
Tax Rate vs County Average 0.60 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Essex County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Newark fall within the Under 2,500 square foot range.

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