Commercial Real Estate in Newark

Unlock property data on 7,254 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 $1,168 $163 $281
Median price/sqft $119 $139 $151
Average sold price $1,117,563 $595,708 $1,894,214
Median sold price $197,898 $298,385 $422,900
Number of sales 3,902,326 16,517 442
Number of sales over $250k 1,658,544 9,651 318
Number of sales over $1m 383,309 1,388 177
Number of sales over $10m 55,529 102 7
Average total tax amount $9,284 $2,807 $13,020
Average assessed value $314,793 $112,540 $473,251
Average market value $404,302 $60,607 --

Newark commercial real estate property averages

Property averages United States Delaware Newark
Average lot size 816,718 sf 313,639 sf 216,779 sf
Median lot size 24,408 sf 12,692 sf 19,725 sf
Average building area 1,096 sf 194 sf 122 sf
Median building area 77 sf 107 sf 106 sf
Median year built 1970 1975 1984
Average number of units 16 12 7
Median number of units 2 2 2

Newark commercial real estate total supply

Supply United States Delaware Newark
Number of parcels 58,289,378 168,227 7,351
Aggregate lot acerage 993,306,397 710,108 22,285
Aggregate building area 8,102,395,269 sf 4,321,812 sf 92,914 sf
Aggregate units 89,958,854 161,871 8,599

Newark commercial real estate industrial mortgages

Debt United States Delaware Newark
Number of mortgages 41,608,099 187,824 11,080
Average value of mortgages $5,187,372 $7,164,235 $11,863,009

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