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 $468,206. Commercial real estate sale prices in Newark have a median of $608,418. The last 24 months of sales history has seen 452 sales, with 346 sales greater than $250,000, 212 sales valued at over $1,000,000, and 13 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 $147.

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $1,383 $172 $213
Median price/sqft $117 $144 $147
Average sold price $1,121,868 $593,240 $2,442,610
Median sold price $194,933 $298,035 $608,418
Number of sales 3,907,581 16,526 452
Number of sales over $250k 1,646,046 9,632 346
Number of sales over $1m 386,972 1,393 212
Number of sales over $10m 55,955 97 13
Average total tax amount $5,932 $2,759 $12,824
Average assessed value $307,063 $113,627 $468,206
Average market value $388,212 $60,211 --

Newark commercial real estate property averages

The average lot size of commercial real estate properties in Newark is 19,366 sf. This is 41% above the Delaware average.

Property averages United States Delaware Newark
Average lot size 816,877 sf 317,172 sf 217,011 sf
Median lot size 24,485 sf 12,746 sf 19,366 sf
Average building area 1,138 sf 200 sf 109 sf
Median building area 75 sf 102 sf 98 sf
Median year built 1970 1974 1983
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 22,169 acres and the aggregate building area for commercial real estate properties in Newark is 77,392 sf.

Supply United States Delaware Newark
Number of parcels 57,794,383 166,192 7,295
Aggregate lot acerage 958,727,945 705,148 22,169
Aggregate building area 8,137,453,512 sf 4,024,068 sf 77,392 sf
Aggregate units 87,698,106 161,684 8,513

Newark commercial real estate industrial mortgages

There are 10,838 mortgages for commercial real estate properties across Newark in the Reonomy database. The average value of those mortgages is $12,067,003. This is 50% above the Delaware average.

Debt United States Delaware Newark
Number of mortgages 40,416,466 181,117 10,838
Average value of mortgages $5,210,072 $7,210,954 $12,067,003

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