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Investment Highlights

  • Corner property with a drive thru
  • Near an approved 1,000-unit apartment complex

Executive Summary

Exceptional freestanding commercial building formerly utilized as a bank, featuring an existing drive-thru ideal for financial institutions, medical users, quick-service restaurants, or retail redevelopment. Situated on a high-visibility corner lot measuring approximately 46 x 97, this property offers outstanding exposure and strong traffic counts. The layout provides excellent functionality for a variety of business uses, with convenient ingress/egress and on-site parking potential. Corner positioning enhances signage visibility and branding opportunities. Located in a bustling commercial corridor surrounded by established businesses, public transportation, and dense residential neighborhoods, making it a strategic investment for owner-users or investors alike. Property located near an approved 1,000-unit apartment complex

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,701 SF
Year Built
1974
Price
$850,000
Price Per SF
$499.71
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,701 SF
Exceptionally walkable
90/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
40/100
  • Listing ID: 40006723

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 349 John St, East Newark, NJ 07029

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