Listing Details

51 Sherman Ave,Newark City, NJ 07114-1950

  • January 30, 2026

Description

500 SF commercial space offering an efficient and affordable opportunity in a convenient Newark location. This unit features a versatile floor plan that maximizes the square footage, making it an excellent “starter space” or satellite location for a growing business. Ideally suited for: Boutique retail or pop-up shop, Professional or administrative office, Personal service or wellness studio, E-commerce fulfillment or storage (subject to zoning). Strategically located just blocks from Frelinghuysen Ave and Clinton Ave, providing exceptional access to I-78, Route 1&9, and Newark Liberty International Airport. Situated within a bustling mixed-use community with easy connectivity to downtown Newark and public transit options. A smart choice for business owners seeking accessibility and value.

Details

Last Updated On: January 30th, 2026 at 2:43 pm
Property ID:PT-26522093-AXZR
Offer Type:For Lease
Property Type:Mixed Use
Price: 800 $
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X100
Property Type: Mixed Use, Office/Retail, Strip/Shopping Center
Available: Immediately, Negotiable
Lot Identifier: 9

Home Details

Location: Corner, Residential Area
Acreage: 0.06
Renovated: 2014
Parking Desc: On-Street Parking
Easement/Desc: Unknown
Pre-Rental Rqmts: Income verification, card report, tenant application, 1 month rent, 2 month security
Tenant Pays: Electric, Gas, Heat, Repairs, Snow Removal, Trash Removal
Owner Pays: Sewer, Water
YB/Desc: 9999 - Renovated, Unknown
Block Identifier: 2803
County Number: 16
Town Number: 1614
Possession: Immediately

Taxes, Fees & Assessments

For Sale Or Lease: For Lease
Lease Type: Gross
Lease Info: 3-5 Year Minimum
Lease Includes: Sewer, Water
Tax ID For Property: 1614-02803-0000-00009-0000-
Tax Amount: $8,746.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $42,500.00
Building Assessment: $187,500.00
Total Assessment: $230,000.00

Utilities

Equipment Available: Fire Alarm, Smoke Detector
Heat Source: Gas-Natural
Heat System: 1 Unit
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Zoning: COM

Statistics

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