158 Market St

158 Market St, Newark, NJ 07102

Property Information

  • For Lease $32.00/SF/YR
  • Property Type Other
  • Property Size 12,161 SF
  • Lot Size 0.08 Acre
  • Date Updated Oct 22, 2026

Description

Property Description NNN Lease. Land lord responsible for roof and structure. Location Description Prime downtown Newark retail corridor with excellent storefront visibility on Market Street, minutes from Newark Penn Station and major transit connections. 158 Market St offers a prominent 12,161 SF retail building with strong storefront presence and a flexible footprint suited for a range of commercial uses. Built in 1980, the property combines established character with practical space configuration, making it an attractive opportunity for a retail investor seeking visibility and adaptability. The layout supports efficient merchandising, customer flow, and branding potential, while the building’s substantial size provides room for a single-tenant or multi-use retail concept. This is a compelling asset for operators and investors looking to secure a well-positioned retail property in Newark. Highlights Near to Broad Street, Military Park, Prudential Center, Rutgers Newark, NJIT, and major transit connections. Ground-floor retail on Market Street remains one of Newark's most active retail corridors Market Street benefits from commuter, student, office worker, and courthouse traffic. The location's strongest demand driver is daytime foot traffic.

Highlights

  • Age: 41-50 Years Old
  • Lease Requirements: 1.5 Month Security
  • Lease Requirements: Credit Check
  • Lease Requirements: Lease Renewal Option
  • Lease Requirements: Rent Excludes-Utilities
  • Lease Term: Negotiable
  • Lot Size: Under 1/2 Acre
  • Sewer: Public
  • Water: City Water

1 Space Available

Space Available

Space Type

Other

Lease Rate

$32.00/SF/YR

Total Space

12,161 SF

Divisible Space

12,161 - 12,161 SF

Lease Type

NNN

Sublease

No

Contacts

Location

Located at 158 Market St, Newark, NJ 07102, this property is part of the Downtown Newark neighborhood and New Jersey market.

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