347-292-8750
51 Sherman Ave, Newark, NJ for Rent

$19.20-$20.57 USD /SF/yr

Retail - For Rent
1/9
500-700 SF | 2 Spaces

NEW


51 Sherman Ave
Newark, NJ 07114
South Broad Street


HIGHLIGHTS

  • Ground-floor spaces with convenient customer access
  • Street-facing storefronts with signage and branding potential
  • Versatile layouts suitable for retail, office, or service-oriented uses
  • Located within a mixed-use residential and commercial corridor
  • Strong regional connectivity to major highways, public transit, and the airport

OVERVIEW

Two distinct ground-floor commercial spaces are available for lease at highly competitive pricing in a strategically located area of Newark, offering an excellent opportunity for entrepreneurs and small businesses looking to establish or expand their presence. Available Commercial Spaces: 49 Sherman Avenue: Approx. 700 SF | $1,200/month Flexible open layout with a rare backyard patio, ideal for boutique retail, creative studios, wellness concepts, salons, or café-style uses. 51 Sherman Avenue: Approx. 500 SF | $800/month Traditional storefront layout, well-suited for professional services, pop-up retail, or businesses seeking an efficient, low-overhead footprint. These units represent a smart, value-driven option for neighborhood-serving and service-based businesses seeking accessibility, flexibility, and long-term growth potential.  Located just blocks from Frelinghuysen Avenue and Clinton Avenue, the property benefits from strong neighborhood activity and convenient access to major transportation routes, including Interstate 78, Route 1 & 9, and Newark Liberty International Airport. Contact me for additional details or to schedule a private tour of the available spaces.

RENTAL DETAILS

SPACE AVAILABLE

500-700 SF

# OF SPACES

2

RENT RATE (MO)

$1.60-$1.71 USD /SF/mo

RENT RATE (YR)

$19.20-$20.57 USD /SF/yr

LEASE TYPE

Modified Gross

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

4,300 SF

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06001 AC

LAND SF

2,614 SF

ZONING

COM

ASK ABOUT THIS PROPERTY

Carlos BeltranCompass CommercialMore Info
347-292-8750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Carlos BeltranCompass CommercialMore Info
347-292-8750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.