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    Strip Mall

    Newark, NJ Strip Malls for Sale

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    Multi-Storefront Retail Strip Center
    Updated: Jul 23
    Multi-Storefront Retail Strip Center

    839-845 Sanford Ave, Newark, NJ 07106

    $2,000,000
    For‑sale strip center with multiple storefronts at 839–845 Sanford Avenue
    Central air cooling (plus gas and zoned cooling)
    Zoned heating including natural gas, baseboard, and radiant heat
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    See hot listings in Newark

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newark, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Retail Strip Center
    Five-Unit Retail Strip Center

    1921 Morris Ave #1921, Union, NJ 07083

    $1,450,000
    3,870 sqft

    Separate utilities, basement space, bathrooms, and entrances support distinct configurations across the building.

    View details
    Updated Open-Layout Retail Space
    Updated Open-Layout Retail Space

    1300 Burnet Ave, Union, NJ 07083

    Contact for pricing

    Strip-center setting offers on-site parking, nearby shopping, and access to major roads.

    View details
    6-Unit Strip Mall
    6-Unit Strip Mall

    4811 Stelton Road, South Plainfield, NJ 07080

    $4,500,000
    35,018 sqft

    Multi-tenant retail center with NNN leases, public utilities, and varied storefront improvements.

    View details
    Retail Strip Mall For Sale
    Retail Strip Mall For Sale

    4811 Stelton Road, South Plainfield, NJ 07080

    $4,500,000
    35,018 sqft

    Six-store retail strip mall with triple net leases.

    View details

    Newark, NJ Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Newark, NJ on our real estate platform.

    Sale prices for retail strips in Newark, NJ average $2,000,000 — 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 70
    Automotive properties 8
    Grocery and convenience stores 7
    Auto shops 6
    Car washes 1

    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
    07106 $2M

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Newark, NJ

    • 07106

    Featured Newark Real Estate Agencies

    Realmo connects you with licensed Newark CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Rosa Agency Ironbound LLC
    360 Lafayette St Newark, NJ 07105
    Phone: (973) 589-7550
    OPTION 1 REALTY GROUP LLC
    456 WASHINGTON STREET Newark, NJ 07105
    Phone: (973) 419-4953
    Why this one?
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