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.
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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.
Newark commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Newark is $700,016. Commercial real estate sale prices in Newark have a median of $700,000. The last 24 months of sales history has seen 169 sales, with 126 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 $120.
|Values and sold prices (last 24 months)||United States||Delaware||Newark|
|Average sold price||$1,191,151||$583,873||$3,188,833|
|Median sold price||$192,684||$286,800||$700,000|
|Number of sales||2,516,453||8,126||169|
|Number of sales over $250k||1,067,354||4,594||126|
|Number of sales over $1m||275,406||501||76|
|Number of sales over $10m||40,988||30||6|
|Average total tax amount||$6,485||$3,251||$17,080|
|Average assessed value||$294,422||$132,172||$700,016|
|Average market value||$346,235||$35,168||$7|
Newark commercial real estate property averages
The average lot size of commercial real estate properties in Newark is 33,480 sf. This is 70% above the Delaware average.
|Property averages||United States||Delaware||Newark|
|Average lot size||837,108 sf||362,970 sf||250,569 sf|
|Median lot size||25,566 sf||15,970 sf||33,480 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 16,267 acres and the aggregate building area for commercial real estate properties in Newark is 19,274 sf.
|Number of parcels||51,649,673||119,767||4,047|
|Aggregate lot acerage||684,153,710||567,454||16,267|
|Aggregate building area||7,014,526,346 sf||787,847 sf||19,274 sf|
Newark commercial real estate industrial mortgages
There are 4,599 mortgages for commercial real estate properties across Newark in the Reonomy database. The average value of those mortgages is $23,295,254. This is 50% above the Delaware average.
|Number of mortgages||16,067,726||68,699||4,599|
|Average value of mortgages||$8,736,966||$13,869,328||$23,295,254|