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See Remarks For Sale
118 Market St, Newark City, Essex 07102-2815
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.
- Property Type:
- See Remarks
- Listing Type:
- For Sale
- Listing ID:
- 4027550
- Price:
- $1,695,000
- Lot Area:
- 0.10 Acre
- Status:
- Active
- Office Name:
- REALTY OF AMERICA
- Roof:
- See Remarks
- Heating System:
- See Remarks
- Cooling System:
- See Remarks
- Basement:
- Full, Unfinished, Storage
- Sewer:
- Public Sewer
- Utilities:
- Electric, Gas-Natural
- Country:
- US
- State:
- Essex
- County:
- Essex
- City:
- Newark City
- Zipcode:
- 07102-2815
- Street:
- Market St
- Street Number:
- 118
- Longitude:
- W75° 49' 33''
- Latitude:
- N40° 44' 10.1''
- Directions:
- Take exit towards Newark, to Market Street.
- Zoning:
- RDV/SD
- Lot Size Dimensions:
- 44.9X96.8
- Water Source:
- Public Water
- Stories Total:
- 2
- Number Of Units Total:
- 2
- Building Size:
- 10000
- Tax Annual Amount:
- 29116
- List Agent Mls Id:
- 410811
- List Office Mls Id:
- 6265
- Mls Status:
- Active
- Modification Timestamp:
- 2026-05-13T20:58:19Z
- Originating System Name:
- gsmls
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