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Hoyt Tower 50-54 Sussex Ave 2,500 SF of 4-Star Retail Space Available in Newark, NJ 07103
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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!
- Partially Built-Out as Standard Retail Space
- Located on street-level gith great visibility
- Great location in University Heights
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 2,500 SF | Negotiable | $401.82 CAD/SF/YR $33.48 CAD/SF/MO $1,004,544 CAD/YR $83,712 CAD/MO | Retail | Partial Build-Out | Now |
1st Floor
| Size |
| 2,500 SF |
| Term |
| Negotiable |
| Rental Rate |
| $401.82 CAD/SF/YR $33.48 CAD/SF/MO $1,004,544 CAD/YR $83,712 CAD/MO |
| Space Use |
| Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 2,500 SF |
| Term | Negotiable |
| Rental Rate | $401.82 CAD/SF/YR |
| Space Use | Retail |
| Condition | Partial Build-Out |
| Available | Now |
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!
- Partially Built-Out as Standard Retail Space
- Great location in University Heights
- Located on street-level gith great visibility
PROPERTY FACTS
| Total Space Available | 2,500 SF | Apartment Style | Hi-Rise |
| No. Units | 203 | Building Size | 148,007 SF |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment |
| Total Space Available | 2,500 SF |
| No. Units | 203 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Size | 148,007 SF |
| Year Built | 2024 |
ABOUT THE PROPERTY
Located in Newark’s vibrant University Heights neighborhood, this property offers an exceptional urban setting surrounded by academic institutions, cultural venues, and medical centers. The area is highly walkable with excellent transit connectivity, including nearby light rail and train stations, making commuting effortless. Residents and visitors enjoy proximity to NJIT, Rutgers University, and Saint Michael’s Medical Center, as well as easy access to downtown Newark’s dining, shopping, and entertainment options. The neighborhood blends historic character with modern development, creating a dynamic environment ideal for both living and investment.
NEARBY MAJOR RETAILERS
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Hoyt Tower | 50-54 Sussex Ave
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