Commercial real estate in Newark

Search commercial real estate 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 Commercial Real Estate 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 Commercial Real Estate.

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Newark commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Newark is $469,167. Commercial real estate sale prices in Newark have a median of $1,605,661. The last 24 months of sales history has seen 466 sales, with 360 sales greater than $250,000, 244 sales valued at over $1,000,000, and 14 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Newark over the last 24 months is $153.

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $1,344 $168 $212
Median price/sqft $115 $143 $153
Average sold price $1,162,392 $590,136 $3,058,022
Median sold price $191,467 $288,929 $1,605,661
Number of sales 3,863,764 15,718 466
Number of sales over $250k 1,613,612 8,891 360
Number of sales over $1m 389,810 1,206 244
Number of sales over $10m 58,005 94 14
Average total tax amount $5,906 $2,736 $12,467
Average assessed value $273,996 $111,273 $469,167
Average market value $321,051 $22,502 --

Newark commercial real estate property averages

The average lot size of commercial real estate properties in Newark is 19,592 sf. This is 42% above the Delaware average.

Property averages United States Delaware Newark
Average lot size 819,068 sf 319,550 sf 216,976 sf
Median lot size 24,646 sf 12,765 sf 19,592 sf
Average building area 1,164 sf 199 sf 104 sf
Median building area 73 sf 101 sf 96 sf
Median year built 1970 1974 1983
Average number of units 16 12 7
Median number of units 2 2 2

Newark commercial real estate total supply

There are 7,294 commercial real estate properties in Newark. This is 183% below the Delaware average. The total acerage is 22,290 acres and the aggregate building area for commercial real estate properties in Newark is 74,787 sf.

Supply United States Delaware Newark
Number of parcels 57,284,908 166,190 7,294
Aggregate lot acerage 882,586,122 701,007 22,290
Aggregate building area 8,038,750,738 sf 4,004,892 sf 74,787 sf
Aggregate units 87,804,464 161,411 8,531

Newark commercial real estate industrial mortgages

There are 10,189 mortgages for commercial real estate properties across Newark in the Reonomy database. The average value of those mortgages is $12,776,055. This is 54% above the Delaware average.

Debt United States Delaware Newark
Number of mortgages 38,333,712 169,733 10,189
Average value of mortgages $5,270,730 $7,337,316 $12,776,055

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