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 $470,813. Commercial real estate sale prices in Newark have a median of $599,429. The last 24 months of sales history has seen 420 sales, with 314 sales greater than $250,000, 196 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 $151.

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $1,414 $169 $214
Median price/sqft $116 $144 $151
Average sold price $1,182,492 $601,709 $2,902,689
Median sold price $193,952 $294,418 $599,429
Number of sales 3,924,050 16,515 420
Number of sales over $250k 1,648,089 9,506 314
Number of sales over $1m 393,899 1,318 196
Number of sales over $10m 59,129 102 14
Average total tax amount $6,007 $2,801 $12,937
Average assessed value $308,479 $114,686 $470,813
Average market value $389,707 $61,085 $1,424,200

Newark commercial real estate property averages

The average lot size of commercial real estate properties in Newark is 19,637 sf. This is 42% above the Delaware average.

Property averages United States Delaware Newark
Average lot size 818,720 sf 318,095 sf 216,809 sf
Median lot size 24,562 sf 12,755 sf 19,637 sf
Average building area 1,166 sf 199 sf 105 sf
Median building area 74 sf 101 sf 96 sf
Median year built 1970 1974 1984
Average number of units 16 12 7
Median number of units 2 2 2

Newark commercial real estate total supply

There are 7,295 commercial real estate properties in Newark. This is 183% below the Delaware average. The total acerage is 22,273 acres and the aggregate building area for commercial real estate properties in Newark is 74,794 sf.

Supply United States Delaware Newark
Number of parcels 57,574,886 166,192 7,295
Aggregate lot acerage 900,770,598 704,475 22,273
Aggregate building area 8,205,691,017 sf 3,997,595 sf 74,794 sf
Aggregate units 87,745,593 161,603 8,530

Newark commercial real estate industrial mortgages

There are 10,894 mortgages for commercial real estate properties across Newark in the Reonomy database. The average value of those mortgages is $12,030,610. This is 50% above the Delaware average.

Debt United States Delaware Newark
Number of mortgages 39,848,711 178,735 10,894
Average value of mortgages $5,223,655 $7,188,040 $12,030,610

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