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 $699,888. Commercial real estate sale prices in Newark have a median of $538,404. The last 24 months of sales history has seen 176 sales, with 132 sales greater than $250,000, 76 sales valued at over $1,000,000, and 6 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 $139.

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $1,504 $168 $171
Median price/sqft $101 $135 $139
Average sold price $1,208,179 $662,671 $3,076,422
Median sold price $192,594 $295,387 $538,404
Number of sales 2,773,382 9,345 176
Number of sales over $250k 1,175,770 5,441 132
Number of sales over $1m 307,158 757 76
Number of sales over $10m 46,620 30 6
Average total tax amount $6,485 $3,251 $17,077
Average assessed value $294,400 $132,217 $699,888
Average market value $346,195 $35,154 $7

Newark commercial real estate property averages

The average lot size of commercial real estate properties in Newark is 33,502 sf. This is 70% above the Delaware average.

Property averages United States Delaware Newark
Average lot size 837,155 sf 362,852 sf 250,491 sf
Median lot size 25,565 sf 15,954 sf 33,502 sf
Average building area 1,314 sf 133 sf 82 sf
Median building area 60 sf 87 sf 69 sf
Median year built 1964 1974 1982
Average number of units 21 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 16,268 acres and the aggregate building area for commercial real estate properties in Newark is 19,274 sf.

Supply United States Delaware Newark
Number of parcels 51,649,673 119,767 4,047
Aggregate lot acerage 684,407,114 567,493 16,268
Aggregate building area 7,014,561,037 sf 787,862 sf 19,274 sf
Aggregate units 92,534,440 77,992 7,171

Newark commercial real estate industrial mortgages

There are 4,607 mortgages for commercial real estate properties across Newark in the Reonomy database. The average value of those mortgages is $23,260,777. This is 50% above the Delaware average.

Debt United States Delaware Newark
Number of mortgages 16,070,158 68,716 4,607
Average value of mortgages $8,736,614 $13,866,654 $23,260,777

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