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45-57 Edison Place

45-57 Edison Place

Type

Commercial, Office, Retail

Location

Newark, NJ

Est. Project Cost

$6.8 million

Size

37,600 SF

Public Financing

City

Sponsor

45-57 Edison Place, LLC

Private Financing

Debt and Equity

Historic Redevelopment and Adaptive Re-use

This $6.8 million redevelopment transformed a vacant downtown warehouse into 37,600 square feet of mixed-use space in Newark. The project supports restaurants, commercial uses, and aligns with Newark’s vision of a vibrant, walkable downtown. Monge Capital provided financial structuring for the project, contributing to the city’s broader economic revitalization.

Estimated Economic and Social Impact

Over 70 jobs and 50 construction jobs.

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