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$5,000
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Property Description
Unparalleled opportunity to lease 2500 Sq Ft commercial space in University Heights section of Newark NJ. Located on street level with floor-to-ceiling windows giving amazing street scape visibility to traffic and passersby. This commercial space is located in the exclusive new construction residential Hoyt Tower, home to over 200 luxury residences. Flexible terms and lease length available to the right tenant. Bring your imagination!
Full Property Details
Full Property Details for 50 Sussex Ave
General
- Price: $5,000
- Taxes: $31,374 (2024)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4003054
- Updated: 2/9/2026
- Added to Site: 52 day(s) ago
Business
- Includes: Lease Only
Rental Information
- Lease/Rent Term: Other
- Lease Includes: See Remarks
- Lease Terms: See Remarks
Additional Information
- Equipment: Handicapped Access, Restrooms - Private, See Remarks
Parking
- Parking: On-Street Parking, See Remarks
Location
- County: Essex
- Driving Directions: Between Hoyt & Summit St
- Location Details: Corner, Residential Area, See Remarks
Heating & Cooling
- Cooling Type: 1 Unit
- Heating Type: 1 Unit
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric
Structural Information
- Exterior Const.: Concrete, Glass
- Stories in Building: 1
- Aprox. Leasable: 2,500 Sq. Ft.
- Year Built: 2024
Lot Features
- Lot Size (Acres): 0.33
- Lot Size: 14210SF 79X146 R75
- Zoning: Comm
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $825,000
- Land Assmt: $825,000
- Tax Amount: $31,374
- Tax Year: 2024
- Owner Pays: See Remarks
- Tenant Pays: See Remarks
- Pays Utilities: Tenant
Disclosures and Reports
- Documents Avail.: See Remarks
- APN: 1614-02832-0000-00009-0000-
- Block: 2832
- Lot Number: 9
Listed by Corcoran Sawyer Smith
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Schools
Schools serving 50 Sussex Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.7 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.7 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.3 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1.3 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 Sussex Ave
Date
Details
Price
Change
Source
12/30/2025
Listed
$5,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 50 Sussex Ave
50 Sussex Ave, Newark, NJ 07103 (MLS# 4003054) is a Commercial Lease property. 50 Sussex Ave is currently listed for $5,000 and was received on December 30, 2025. Want to learn more about 50 Sussex Ave? Do you have questions about finding other Commercial Lease real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

