Larry Levin, Realtor

118 Market St, Newark, NJ 07102

$1,695,000
  • 118 Market St, Newark, NJ 07102 Main Photo

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New to the Market Active
SQUARE FEET10,000 MLS#4027550
STATUS PROPERTY TYPECommercial - Business

Property Description

Positioned in the core of Downtown Newark's main commercial corridor, 118-122 Market Street offers a 8,000 SF asset with immediate value-add and long-term Redevelopment upside for mixed use. Surrounded by major anchors including Prudential Financial, Prudential Center, New Jersey Performing Arts Center, Rutgers University-Newark, and New Jersey Institute of Technology, the property sits in a rapidly evolving, transit-oriented district driven by residential growth and redevelopment. Two attached commercial units. Flexible second-floor layout ideal for conversion. Basement storage supporting retail or redevelopment. Best suited for a developer to build residential for surrounding Universities and Business District employees.

118 Market St | MLS# 4027550

This commercial property located at 118 Market St, Newark, NJ 07102 is currently listed for sale with an asking price of $1,695,000. Search Newark real estate on www.livelovephilly.com today.

Property Features

Property Type: Commercial - Business
Basement: Full, Storage, Unfinished
Basement: Yes
Fuel Type: Gas-Natural
Lot Size: 0.10 Acres
Stories: 2.0
Taxes: $29,116

Feature Descriptions

Days on Site: 6
Lot Dimensions: 0.10 acre(s)
Max Door height: 0
Sewer: Public Sewer
Units: 2
Utilities: Electric, Gas-Natural
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: REALTY OF AMERICA
Agency Contact: 732-674-8858

Shown By

Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark

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