Apartment building in Newark

Search apartment building records in Newark to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Newark commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Newark

Reonomy operates the most comprehensive database for Newark Apartment Building and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Newark commercial real estate professionals. Members from Newark include brokers, investors and service providers, many of whom specialize in Newark Apartment Building.

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Newark apartment building sold prices and values

The average assessed value of apartment buildings in Newark is $2,057,430. Apartment building sale prices in Newark have a median of $1,500,000. The last 24 months of sales history has seen 3 sales, with 3 sales greater than $250,000, 2 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000.

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $3,233 $115 --
Median price/sqft $105 $97 --
Average sold price $4,798,372 $857,080 $1,275,833
Median sold price $396,522 $710,000 $1,500,000
Number of sales 60,329 21 3
Number of sales over $250k 37,167 13 3
Number of sales over $1m 19,427 6 2
Number of sales over $10m 4,546 -- --
Average total tax amount $26,699 $39,936 $57,711
Average assessed value $1,250,087 $1,444,587 $2,057,430
Average market value $923,421 $21,939 --

Newark apartment building property averages

The average lot size of apartment buildings in Newark is 129,591 sf. This is 121% above the Delaware average.

Property averages United States Delaware Newark
Average lot size 192,692 sf 166,764 sf 252,487 sf
Median lot size 9,454 sf 31,798 sf 129,591 sf
Average building area 5,240 sf 167 sf --
Median building area 62 sf 87 sf --
Median year built 1960 1967 --
Average number of units 32 37 33
Median number of units 8 6 12

Newark apartment building total supply

There are 138 apartment buildings in Newark. This is 123% below the Delaware average.

Supply United States Delaware Newark
Number of parcels 734,933 581 138
Aggregate lot acerage 2,738,861 1,956 799
Aggregate building area 1,340,853,689 sf 1,006 sf --
Aggregate units 14,824,595 10,518 1,445

Newark apartment building industrial mortgages

There are 403 mortgages for apartment buildings across Newark in the Reonomy database. The average value of those mortgages is $12,598,309. This is 51% above the Delaware average.

Debt United States Delaware Newark
Number of mortgages 1,357,304 1,797 403
Average value of mortgages $2,641,399 $7,435,845 $12,598,309

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