Warehouses in Newark | Reonomy

Warehouses in Newark

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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 warehouses.

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Newark warehouse sold prices and values

Values and sold prices (last 24 months) United States New Jersey Newark
Average price/sqft $8,484 $25,778 --
Average sold price $3,342,884 $3,229,418 --
Median sold price $451,260 $1,250,000 --
Number of sales 23,113 33 --
Number of sales over $250k 14,676 31 --
Number of sales over $1m 7,836 20 --
Number of sales over $10m 1,365 4 --
Average total tax amount $23,080 $90,360 --
Average assessed value $1,033,072 $3,053,338 --
Average market value $1,340,785 $3,607,124 --

Newark warehouse property averages

Property averages United States New Jersey Newark
Average lot size 260,510 sf 393,913 sf --
Median lot size 42,450 sf 147,926 sf --
Average building area 941 sf 118,835 sf --
Median building area 32 sf 71 sf --
Median year built 1980 1972 --
Average number of units 10 1 --
Median number of units -- -- --

Newark warehouse total supply

Supply United States New Jersey Newark
Number of parcels 433,394 694 --
Aggregate lot acerage 5,250,744 5,561 --
Aggregate building area 185,285,555 sf 19,845,550 sf --
Aggregate units 853,211 355 --

Newark warehouse industrial mortgages

Debt United States New Jersey Newark
Number of mortgages 686,452 1,689 --
Average value of mortgages $12,444,776 $30,275,560 --

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