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51 Sherman Ave
Newark, NJ 07114 South Broad Street

$800 - $1,200 USD/MO

Storefront Retail Residential For Lease  •  500+ SF

Property Details

  • Property Type Storefront Retail Residential
  • Year Built 1940
  • Total Building Size 4,300 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning COM
72 Transit Score
85 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
Unkwn Floor Ste Retail 700 SF $20.57 USD/SF/YR 
Approx. 700 SF commercial space $1,200 month, offering a spacious and adaptable layout in a convenient Newark location. This unit provides ample room for operations, making it an ideal choice for businesses looking to expand or secure a comfortable footprint with flexibility. The space features: Generous open floor plan with excellent flow, Direct street access for high visibility and convenience, Versatile interior ready for customization, Strong frontage potential for branding.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
Unkwn Floor Ste Retail 500 SF $19.20 USD/SF/YR 
500 SF commercial space $800 month, 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).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet

Description 

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.

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

Major Tenants

Tenant SF Occupied Lease End Date
Bodega La Chiquita

Public Transportation

Commuter RailDriveWalkDistance
Newark Penn Station (Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 5 min - 1.8 mi
Newark International Airport (AirTrain Newark - Port Authority of New York and New Jersey Airtrain (Airtrain)) 6 min - 2.2 mi
AirportDriveWalkDistance
Newark Liberty International 9 min - 5.1 mi
LaGuardia 44 min - 21.2 mi
John F Kennedy International 55 min - 29.3 mi
Carlos Beltran 347-292-8750 Compass Commercial
Carlos Beltran 347-292-8750 Compass Commercial