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151-153 Newark Ave
2,808 - 22,027 SF of Retail Space Available in Jersey City, NJ 07302
Highlights
- Located on Newark Avenue Pedestrian Walkway
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,079 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 8,317 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 3rd Floor, Ste back | 2,808 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 3rd Floor, Ste front | 2,823 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Vented for a restaurant.
- Partially Built-Out as a Restaurant or Café Space
- Can be combined with additional space(s) for up to 22,027 SF of adjacent space
- Liquor licenses available in town!
- 120,000 riders a week on Grove Street Path Station
- Located in historic downtown Jersey City
2nd Floor
Vented for a restaurant.
- Partially Built-Out as a Restaurant or Café Space
- Can be combined with additional space(s) for up to 22,027 SF of adjacent space
- Liquor licenses available in town!
- 120,000 riders a week on Grove Street Path Station
- Located in historic downtown Jersey City
3rd Floor, Ste back
Vented for a restaurant.
- Partially Built-Out as a Restaurant or Café Space
- Can be combined with additional space(s) for up to 22,027 SF of adjacent space
- Liquor licenses available in town!
- 120,000 riders a week on Grove Street Path Station
- Located in historic downtown Jersey City
3rd Floor, Ste front
Vented for a restaurant.
- Partially Built-Out as a Restaurant or Café Space
- Can be combined with additional space(s) for up to 22,027 SF of adjacent space
- Liquor licenses available in town!
- 120,000 riders a week on Grove Street Path Station
- Located in historic downtown Jersey City
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 151-153 Newark Ave , Jersey City, NJ 07302
| Property Type | Retail | Gross Leasable Area | 32,400 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1880 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 32,400 SF |
| Year Built | 1880 |
About the Property
• 151 Newark Ave is located on the vibrant Newark Avenue Pedestrian Plaza, also proudly known as Jersey City’s very own Restaurant Row. • Located in historic downtown Jersey City • Located on Newark Avenue Pedestrian Walkway • Half a block to Grove Street Path Station (120K riders per week) • Vented for restaurant • Liquor licenses available in town!
Nearby Major Retailers
-
Lisa Ricca -
Clare Golz -
Jordan Cohn -
Ripco Real Estate
Presented by
151-153 Newark Ave
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