175-199 1st Street — Lease in Newark, NJ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Newark, NJ 07107

Description

Located at the base of a 550-unit affordable housing complex

Market Context

This retail in Newark, NJ is listed for lease. It has been on the market for 53 days. Compare it against other retail listings for lease in Newark, NJ — view the full market.

As of Q1 2026, the New Jersey retail market showed average asking rents near $54.00/SF/yr, and cap rates around 8.0%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in New Jersey?
About 8.0% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$3.83/SF/mo – $5.18/SF/mo

Mid: $4.50/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Contact

Explore this market

Similar Retail Business for Lease in Newark, NJ