Commercial Real Estate in Newark | Reonomy

Commercial Real Estate in Newark

Unlock property data on 15,377 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 New Jersey Newark
Average price/sqft -- -- --
Average sold price $681,839 $1,023,648 $1,153,705
Median sold price $125,109 $273,657 $258,390
Number of sales 5,287,439 54,053 1,611
Number of sales over $250k 1,868,877 28,292 823
Number of sales over $1m 379,695 7,117 292
Number of sales over $10m 54,123 829 25
Average total tax amount $4,892 $17,593 $26,160
Average assessed value $228,313 $658,872 $764,037
Average market value $307,834 $823,881 $910,107

Newark commercial real estate property averages

Property averages United States New Jersey Newark
Average lot size 824,599 sf 660,723 sf 515,598 sf
Median lot size 24,523 sf 14,013 sf 3,751 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1960 1958
Average number of units 18 7 3
Median number of units 2 -- --

Newark commercial real estate total supply

Supply United States New Jersey Newark
Number of parcels 125,570,646 642,629 17,201
Aggregate lot acerage 814,059,462 10,749,870 146,749
Aggregate building area -- -- --
Aggregate units 110,607,056 1,219,415 34,001

Newark commercial real estate industrial mortgages

Debt United States New Jersey Newark
Number of mortgages 43,698,518 665,007 20,630
Average value of mortgages $5,648,175 $8,132,561 $3,876,993

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