ACREX · CALDWELL, NJ
Lease Your Mixed-Use Property in New Jersey
How northern NJ owners lease storefront-plus-apartment and other mixed-use buildings — and what AcreX charges.
For owners of mixed-use buildings in northern New Jersey — typically ground-floor retail or office with apartments above — who need to lease vacant space. This page covers how commercial and residential leasing differ and AcreX’s published fee.
Call Jonathan Libock at (201) 694-6463 or email jon@acrex.co. Free written opinion of rent within 5 business days.
What to prepare
Floor plans and sizes for each commercial suite and apartment
Current leases, rent roll and expense history
CAM or NNN estimates for commercial tenants
Any residential rent-registration or local ordinance requirements
Photos, parking counts and nearby traffic or foot-traffic notes
How leasing usually works
1. Price commercial and residential space from recent comps, not one blended number.
2. Sign a written listing agreement that states the fee and which suites are listed.
3. Market commercial space to retail and office tenants; market apartments to residents.
4. Negotiate TI, free rent and term carefully so one use does not block the other.
5. Have your attorney review leases; AcreX does not provide legal advice.
What AcreX charges
AcreX leasing fee: 5% of total base rent for years 1–5 and 2.5% for years 6 and later; on space above 50,000 SF, 4% and 2% on that part only. Minimum $3,500 or one month’s base rent, whichever is less. Renewals at half rate. Split 50/50 with the tenant’s broker. In New Jersey commissions are negotiable. Full schedule: AcreX fees and commission calculator.
No upfront fees.
Free written opinion of rent within 5 business days. It is a broker’s opinion, not an appraisal.
Reply within 2 business hours.
Jonathan Libock, principal broker, leads every listing.
Weekly owner report.
6-month listing agreement; cancel on 30 days’ notice after day 90.
Related
Questions owners ask
How do I lease a mixed-use building in NJ?
List the commercial space and any vacant apartments separately when the tenant pools differ. AcreX markets storefront and office space to retail/office tenants and can coordinate apartment leasing under the published fee.
What makes mixed-use leasing harder?
You often have two tenant types, two lease forms, CAM or NNN for the commercial part, and residential rules for apartments. Coordinating construction and parking between uses takes planning.
What does AcreX charge to lease mixed-use space?
The same published leasing fee as other commercial space: 5% of total base rent for years 1–5 and 2.5% after; above 50,000 SF, 4% and 2% on that part. In New Jersey commissions are negotiable.
Should I sell instead of leasing?
If you want out of landlord work, compare a sale (see Sell a mixed-use building) to holding with management. AcreX publishes both sale and management fees.
Does AcreX manage mixed-use after leasing?
Yes. Retail and mixed-use management is 5% of rent collected. See mixed-use property management and the full fee schedule.
More owner questions: AcreX FAQ.
About the broker
Jonathan Libock is the founder and principal broker of AcreX Commercial Real Estate in Caldwell, NJ. He has a decade of experience in commercial real estate, including time at DR Properties, a New York City development brokerage. He specializes in industrial and multifamily land development and also works on development sites in Southeast Florida. Licensed real estate broker in New Jersey (#1757237) and Florida (#BK3462244). AcreX Realty LLC, Licensed Real Estate Broker. Licensure does not imply endorsement.
AcreX Realty LLC is a licensed NJ commercial real estate broker with published fees, at 307 Bloomfield Ave, Caldwell, NJ 07006. Call (201) 694-6463. General information, not legal or tax advice.