Commercial Real Estate in Newark | Reonomy

Commercial Real Estate in Newark

Unlock property data on 7,253 commercial properties in Newark. Search through Newark property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Newark

Reonomy attracts a large community of Newark commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Newark commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $909 $3,582 $3,545
Average sold price $1,037,796 $575,486 $874,777
Median sold price $197,031 $295,070 $297,410
Number of sales 3,594,235 15,110 312
Number of sales over $250k 1,522,457 8,778 191
Number of sales over $1m 344,082 1,230 55
Number of sales over $10m 46,755 98 5
Average total tax amount $7,065 $2,065 $8,535
Average assessed value $252,208 $82,259 $316,530
Average market value $356,366 $104,493 $316,530

Newark commercial real estate property averages

Property averages United States Delaware Newark
Average lot size 816,546 sf 313,393 sf 217,038 sf
Median lot size 24,490 sf 12,659 sf 19,756 sf
Average building area 1,078 sf 194 sf 117 sf
Median building area 77 sf 107 sf 105 sf
Median year built 1970 1975 1984
Average number of units 16 12 7
Median number of units 2 2 2

Newark commercial real estate total supply

Supply United States Delaware Newark
Number of parcels 58,466,290 168,227 7,350
Aggregate lot acerage 1,006,250,046 710,917 22,296
Aggregate building area 8,055,341,670 sf 4,316,232 sf 89,901 sf
Aggregate units 90,014,181 161,715 8,599

Newark commercial real estate industrial mortgages

Debt United States Delaware Newark
Number of mortgages 41,925,990 188,885 11,100
Average value of mortgages $5,197,811 $7,163,974 $11,845,942

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