Commercial Real Estate in Newark | Reonomy

Commercial Real Estate in Newark

Unlock property data on 7,253 commercial properties in Newark. Search through Newark property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Newark

Reonomy attracts a large community of Newark commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Newark commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $919 $3,625 $3,293
Average sold price $1,066,507 $560,617 $906,279
Median sold price $198,932 $295,107 $299,996
Number of sales 2,973,290 12,717 258
Number of sales over $250k 1,266,252 7,399 162
Number of sales over $1m 286,427 987 47
Number of sales over $10m 39,421 91 4
Average total tax amount $7,053 $2,050 $9,695
Average assessed value $252,499 $62,605 $369,035
Average market value $355,881 $65,686 $369,035

Newark commercial real estate property averages

Property averages United States Delaware Newark
Average lot size -- 313,511 sf 216,715 sf
Median lot size -- 12,669 sf 19,682 sf
Average building area -- 194 sf 117 sf
Median building area -- 107 sf 105 sf
Median year built -- 1975 1984
Average number of units -- 12 7
Median number of units -- 2 2

Newark commercial real estate total supply

Supply United States Delaware Newark
Number of parcels 58,466,290 168,227 7,350
Aggregate lot acerage -- 710,739 22,228
Aggregate building area -- 4,315,878 sf 89,901 sf
Aggregate units -- 161,658 8,599

Newark commercial real estate industrial mortgages

Debt United States Delaware Newark
Number of mortgages -- 188,767 11,091
Average value of mortgages -- $7,168,373 $11,855,388

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