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 $701,128. Commercial real estate sale prices in Newark have a median of $416,710. The last 24 months of sales history has seen 176 sales, with 141 sales greater than $250,000, 67 sales valued at over $1,000,000, and 2 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 $145.

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $1,569 $157 $155
Median price/sqft $101 $131 $145
Average sold price $1,215,213 $548,147 $1,801,192
Median sold price $186,304 $289,591 $416,710
Number of sales 2,886,754 9,352 176
Number of sales over $250k 1,202,594 5,363 141
Number of sales over $1m 323,569 728 67
Number of sales over $10m 49,909 22 2
Average total tax amount $6,520 $3,270 $17,101
Average assessed value $288,098 $133,035 $701,128
Average market value $329,971 $35,324 $9

Newark commercial real estate property averages

The average lot size of commercial real estate properties in Newark is 33,561 sf. This is 70% above the Delaware average.

Property averages United States Delaware Newark
Average lot size 841,144 sf 363,402 sf 250,917 sf
Median lot size 25,552 sf 16,076 sf 33,561 sf
Average building area 1,521 sf 127 sf 81 sf
Median building area 59 sf 86 sf 69 sf
Median year built 1964 1971 1982
Average number of units 20 29 21
Median number of units 2 6 11

Newark commercial real estate total supply

There are 4,047 commercial real estate properties in Newark. This is 186% below the Delaware average. The total acerage is 16,266 acres and the aggregate building area for commercial real estate properties in Newark is 18,964 sf.

Supply United States Delaware Newark
Number of parcels 51,092,560 119,768 4,047
Aggregate lot acerage 616,568,166 566,135 16,266
Aggregate building area 7,966,355,086 sf 744,765 sf 18,964 sf
Aggregate units 90,620,061 77,989 7,171

Newark commercial real estate industrial mortgages

There are 4,569 mortgages for commercial real estate properties across Newark in the Reonomy database. The average value of those mortgages is $23,382,270. This is 50% above the Delaware average.

Debt United States Delaware Newark
Number of mortgages 15,805,722 68,183 4,569
Average value of mortgages $8,744,434 $13,941,268 $23,382,270

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