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$1,999,000
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Property Description
Exceptional commercial opportunity in Newark, ideally located adjacent to the brand new Lions Gate development. This versatile property features three street-level commercial storefronts along high-traffic Frelinghuysen Avenue, offering excellent visibility and consistent foot traffic. In addition, the building includes two warehouse spaces with access from Foster Street, providing flexible options for storage, distribution, or light industrial use. Situated in a prime, rapidly developing area, this property presents tremendous upside potential for investors, owner-users, or redevelopment. A rare chance to acquire a multi-use asset in one of Newark?s most promising growth corridors.
Full Property Details
Full Property Details for 707 Frelinghuysen Ave
General
- Price: $1,999,000
- Taxes: $7,678 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4006045
- Updated: 1/20/2026
- Added to Site: 87 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: See Remarks
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Driving Directions: Please use google maps.
- Location Details: Business District, Residential Area, Strip Mall
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Roof: Flat
- Ceiling Height: 10
- Door Dimensions: 7
- Stories in Building: 1
- Square Feet: 7,450
- Aprox. Leasable: 7,450 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.1
- Lot Size: 50X85
- Zoning: Comm/Res
Financial Considerations
- Price Per Sq. Ft.: $268
- Assessment Amount: $201,900
- Land Assmt: $126,900
- Tax Amount: $7,678
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1614-03744-0000-00048-0000-
- Block: 3744
- Lot Number: 48
Listed by Exp Realty, Llc
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Schools
Schools serving 707 Frelinghuysen Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.4 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2.4 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 1.4 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.6 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 2.3 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 2.5 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.7 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 707 Frelinghuysen Ave
Date
Details
Price
Change
Source
1/20/2026
Listed
$1,999,000
53.77%
MLS
3/15/2022
Sold
$1,300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 707 Frelinghuysen Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,678
2%
$201,900
—
2022
$7,543
—
$201,900
—
2021
$7,539
23%
$201,900
-19%
2021
$6,124
-34%
$248,300
—
2019
$9,339
2%
$248,300
—
2018
$9,170
-18%
$248,300
-21%
2017
$11,153
3%
$313,300
—
2016
$10,778
4%
$313,300
—
2015
$10,367
12%
$313,300
—
2013
$9,252
—
$313,300
—
Disclaimer: Historical tax 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 707 Frelinghuysen Ave
707 Frelinghuysen Ave, Newark, NJ 07114 (MLS# 4006045) is a Retail property. 707 Frelinghuysen Ave is currently listed for $1,999,000 and was received on January 20, 2026. Want to learn more about 707 Frelinghuysen Ave? Do you have questions about finding other Retail real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

