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 $715,998. Commercial real estate sale prices in Newark have a median of $363,175. The last 24 months of sales history has seen 159 sales, with 121 sales greater than $250,000, 41 sales valued at over $1,000,000, and 0 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 $1,705 $318 $142
Median price/sqft $102 $126 $145
Average sold price $1,142,916 $985,733 $1,521,156
Median sold price $184,633 $280,033 $363,175
Number of sales 2,575,118 7,301 159
Number of sales over $250k 1,062,401 4,076 121
Number of sales over $1m 274,215 476 41
Number of sales over $10m 41,633 19 --
Average total tax amount $6,270 $3,312 $14,095
Average assessed value $264,902 $156,955 $715,998
Average market value $262,012 $35,957 --

Newark commercial real estate property averages

The average lot size of commercial real estate properties in Newark is 28,232 sf. This is 69% above the Delaware average.

Property averages United States Delaware Newark
Average lot size 898,915 sf 329,078 sf 245,701 sf
Median lot size 30,135 sf 13,615 sf 28,232 sf
Average building area 1,798 sf 273 sf 99 sf
Median building area 59 sf 94 sf 105 sf
Median year built 1964 1967 1982
Average number of units 18 31 21
Median number of units 2 6 11

Newark commercial real estate total supply

There are 3,852 commercial real estate properties in Newark. This is 187% below the Delaware average. The total acerage is 17,344 acres and the aggregate building area for commercial real estate properties in Newark is 10,106 sf.

Supply United States Delaware Newark
Number of parcels 50,471,951 119,109 3,852
Aggregate lot acerage 585,742,590 419,749 17,344
Aggregate building area 7,434,860,070 sf 915,541 sf 10,106 sf
Aggregate units 72,447,063 78,322 7,276

Newark commercial real estate industrial mortgages

There are 7,427 mortgages for commercial real estate properties across Newark in the Reonomy database. The average value of those mortgages is $17,886,019. This is 43% above the Delaware average.

Debt United States Delaware Newark
Number of mortgages 22,566,822 97,429 7,427
Average value of mortgages $5,859,843 $11,486,552 $17,886,019

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