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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

MLS® #
22613733
Acres
0.09
Type
Commercial Sale
Price
$1,695,000
Square Footage
10,000
Sub-Type
Commercial

Additional Features

Subdivision
None

Exterior

Lot Description
[]

Community Information

Address
118-122 Market Street
Subdivision
None
City
Newark
County
Essex
State
NJ
Zip Code
07102

Listing Information

Agent Name
Kevin Sharkey
Agent Office
Realty Of America

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