118-122 Market Street, Newark, NJ, 07102
$1,695,000
0
Beds
Bathrooms
10,000
Building Sqft
0.09
Acres
3,920
Lot Sqft
About 118-122 Market Street
One Unit Vacant with Access to 2nd Floor. 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.
Features of 118-122 Market Street
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