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 $468,759. Commercial real estate sale prices in Newark have a median of $516,000. The last 24 months of sales history has seen 456 sales, with 342 sales greater than $250,000, 200 sales valued at over $1,000,000, and 9 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 $149.

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $1,286 $172 $284
Median price/sqft $117 $142 $149
Average sold price $1,118,542 $580,402 $2,124,419
Median sold price $196,083 $300,305 $516,000
Number of sales 3,934,359 16,711 456
Number of sales over $250k 1,663,881 9,880 342
Number of sales over $1m 387,932 1,352 200
Number of sales over $10m 55,602 92 9
Average total tax amount $9,232 $2,736 $12,839
Average assessed value $312,101 $112,694 $468,759
Average market value $400,634 $59,026 --

Newark commercial real estate property averages

The average lot size of commercial real estate properties in Newark is 19,377 sf. This is 41% above the Delaware average.

Property averages United States Delaware Newark
Average lot size 816,803 sf 315,580 sf 217,149 sf
Median lot size 24,448 sf 12,698 sf 19,377 sf
Average building area 1,134 sf 200 sf 117 sf
Median building area 76 sf 102 sf 100 sf
Median year built 1970 1974 1984
Average number of units 16 12 7
Median number of units 2 2 2

Newark commercial real estate total supply

There are 7,295 commercial real estate properties in Newark. This is 183% below the Delaware average. The total acerage is 22,168 acres and the aggregate building area for commercial real estate properties in Newark is 84,540 sf.

Supply United States Delaware Newark
Number of parcels 58,091,739 166,192 7,295
Aggregate lot acerage 976,485,427 708,688 22,168
Aggregate building area 8,209,502,265 sf 4,028,821 sf 84,540 sf
Aggregate units 88,640,560 161,711 8,513

Newark commercial real estate industrial mortgages

There are 10,924 mortgages for commercial real estate properties across Newark in the Reonomy database. The average value of those mortgages is $11,982,084. This is 50% above the Delaware average.

Debt United States Delaware Newark
Number of mortgages 40,876,180 184,500 10,924
Average value of mortgages $5,210,547 $7,184,962 $11,982,084

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