Vice President, Retail Brokerage

Alana Friedman

Managing Director, Retail Brokerage

David Townes

408-416 Market Street in Newark, NJ is a 0.5-acre lot available for retail redevelopment. Located in the North Ironbound section, it's steps from Newark Penn Station with easy access to NYC and Newark Liberty International Airport. The property offers flexibility for single or multi-tenant use, featuring up to 3,286 SF for a single tenant with drive-thru capability and 23 parking spaces, or up to 7,943 SF for multi-tenant use with 22 parking spaces. Its prime location near the Prudential Center and recent residential developments makes it an attractive opportunity in a growing area.

Lease Description

408-416 Market Street

Washington, D.C.

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
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value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Office property subtype"
[[propertySubTypes.options]]
value = "office"
label = "Office"
[[propertySubTypes.options]]
value = "government"
label = "Government"
[[propertySubTypes.options]]
value = "condo"
label = "Condo"
[[propertySubTypes.options]]
value = "medical"
label = "Medical"
[[propertySubTypes.options]]
value = "creative"
label = "Creative"
[[propertySubTypes.options]]
value = "mixed-use"
label = "Mixed-Use"
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value = "lab"
label = "Lab"
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value = "lab-biotech"
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[[propertySubTypes.options]]
value = "education"
label = "Education"
[[propertySubTypes.options]]
value = "coworking"
label = "Flex/R&D"
[[propertySubTypes.options]]
value = "light-manufacturing"
label = "Light Manufacturing"
[[propertySubTypes.options]]
value = "freestanding-retail"
label = "Freestanding Retail"
[[propertySubTypes.options]]
value = "showroom"
label = "Showroom"
[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"
[[propertySubTypes.options]]
value = "clinic"
label = "Clinic"
[[propertySubTypes.options]]
value = "warehouse"
label = "Warehouse & Distribution"
[[propertySubTypes.options]]
value = "special-purpose"
label = "Special Purpose"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "light-distribution"
label = "Light Distribution"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"

Sale - Office - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Retail property subtype"
[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "freestanding-retail"
label = "Freestanding Retail"
[[propertySubTypes.options]]
value = "power-center"
label = "Power Center"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"

Rent - Retail - Additional Filters

title="Size"
disclaimer="Approx. 100 SF = 1 desk"
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"
[[metric]]
key = "desks"
tabLabel = "desks"
unitLabel= "desks"

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[min.30000]
  feet="30,000"
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[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
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  desks=5
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[max.10]  
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  desks=100
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  desks=300
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  feet="30,000"
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  feet="100,000"
  value=100000
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  feet="250,000"
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Default - Office - Surface

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
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value="false"
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value = "conventional"
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value = "student-housing"
label = "Student Housing"
[[propertySubMarket.options]]
value = "condo"
label = "Condominium"
[[propertySubMarket.options]]
value = "active-adult"
label = "Active Adult"

Rent - Multifamily - Additional Filters

title="Price"
unitLabel="per SF"
metric="per SF"
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[max.150]
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Rent - Default - Price

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[[buildingClass.options]]
value="Trophy"
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[[buildingClass.options]]
value="virtualtour"
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[[buildingClass.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"

Sale Additional Filter

Rent Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Industrial property subtype"
[[propertySubTypes.options]]
value = "coworking"
label = "Flex/R&D"
[[propertySubTypes.options]]
value = "government"
label = "Government"
[[propertySubTypes.options]]
value = "condo"
label = "Condo"
[[propertySubTypes.options]]
value = "medical"
label = "Medical"
[[propertySubTypes.options]]
value = "creative"
label = "Creative"
[[propertySubTypes.options]]
value = "mixed-use"
label = "Mixed-Use"
[[propertySubTypes.options]]
value = "lab"
label = "Lab"
[[propertySubTypes.options]]
value = "lab-biotech"
label = "Lab/Biotech"
[[propertySubTypes.options]]
value = "education"
label = "Education"
[[propertySubTypes.options]]
value = "light-manufacturing"
label = "Light Manufacturing"
[[propertySubTypes.options]]
value = "freestanding-retail"
label = "Freestanding Retail"
[[propertySubTypes.options]]
value = "showroom"
label = "Showroom"
[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"
[[propertySubTypes.options]]
value = "clinic"
label = "Clinic"
[[propertySubTypes.options]]
value = "warehouse"
label = "Warehouse & Distribution"
[[propertySubTypes.options]]
value = "special-purpose"
label = "Special Purpose"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "light-distribution"
label = "Light Distribution"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "conventional"
label = "Conventional"

Sale - Industrial - Additional Filters

Rent - Office - Additional Filters

Sale - Retail - Additional Filters

Rent - Industrial - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Multifamily property subtype"
[[propertySubTypes.options]]
value = "apartment"
label = "Apartments"
[[propertySubTypes.options]]
value = "conventional"
label = "Conventional"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "condo"
label = "Condominium"
[[propertySubTypes.options]]
value = "active-adult"
label = "Active Adult"

Sale - Multifamily - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"

Default - Default- Additional Filters

title="Size"
disclaimer=""
[[metric]]
key = "acres"
tabLabel = "acres"
unitLabel= "ac"

[min]
[min.1]  
value=0.1
[min.2]  
value=0.2
[min.3]  
acres=0.25
value=0.25
[min.4]  
acres=0.5
value=0.5
[min.5]
acres=1
value=1
[min.6]  
value=1.5
[min.7]
acres=2
value=2
[min.8]
acres=3
value=3
[min.9]
acres=4
value=4
[min.10]
acres=5
value=5
[min.11]
acres=10
value=10

[max]
[max.1]  
value=0.1
[max.2]  
value=0.2
[max.3]  
acres=0.25
value=0.25
[max.4]  
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value=0.5
[max.5]
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value=1
[max.6]  
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[max.7]
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value=2
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acres=3
value=3
[max.9]
acres=4
value=4
[max.10]
acres=5
value=5
[max.11]
acres=10
value=10

Default - Land - Lot Size

title="Size"
disclaimer=""
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"

[min]
[min.50]  
  feet=50
  value=50
[min.200]
  feet=200
  value=200
[min.500]
  feet=500
  value=500
[min.1000]
  feet="1,000"
  value=1000
[min.2000]
  feet="2,000"
  value=2000
[min.5000]
  feet="5,000"
  value=5000
[min.7000]
  feet="7,000"
  value=7000
[min.10000]
  feet="10,000"
  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
[max.5]  
  feet=50
  value=50
[max.200]
  feet=200
  value=200
[max.500]
  feet=500
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[max.1000]
  feet="1,000"
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[max.2000]
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  value=2000
[max.5000]
  feet="5,000"
  value=5000
[max.7000]
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[max.10000]
  feet="10,000"
  value=10000
[max.20000]
  feet="20,000"
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[max.30000]
  feet="30,000"
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[max.50000]
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[max.70000]
  feet="70,000"
  value=70000
[max.100000]
  feet="100,000"
  value=100000
[max.250000]
  feet="250,000"
  value=250000

Default - Default - Surface

title="Price"
metric="label"
unitLabel=" "
[min]
[min.10000]
  label="$10,000"
  value=10000
[min.25000]
  label="$25,000"
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[min.50000]
  label="$50,000"
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[min.100000]
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[min.150000]
  label="$150,000"
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[min.250000]
  label="$250,000"
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[min.500000]
  label="$500,000"
  value=500000
[min.1000000]
  label="$1,000,000"
  value=1000000
[min.2500000]
  label="$2,500,000"
  value=2500000
[min.5000000]
  label="$5,000,000"
  value=5000000
[min.10000000]
  label="$10,000,000"
  value=10000000
[min.25000000]
  label="$25,000,000"
  value=25000000
[min.50000000]
  label="$50,000,000"
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[max]
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  label="$10,000"
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[max.2500000]
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[max.5000000]
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  label="$10,000,000"
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[max.25000000]
  label="$25,000,000"
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[max.50000000]
  label="$50,000,000"
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Default - Default - Price

Broker Inquiry

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408-416 Market Street

Lease Description

Space details

Location

Brochure

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