The median home value in Newark, NJ is $355,000.
This is
lower than
the county median home value of $450,000.
The national median home value is $308,980.
The average price of homes sold in Newark, NJ is $355,000.
Approximately 21% of Newark homes are owned,
compared to 67% rented, while
12% are vacant.
Newark real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Newark real estate agent to arrange a tour today! Learn more about Newark.
Prime location for potentially any business, retail store, storage or other use at the corner of extremely busy So. Orange Ave across from Vailsburg Park and Speedway Academies. Former mechanic shop now vanilla boxed available for a variety of uses. There is a front office, back office, a full bath and huge work area. Adjacent parking/vacant lots at 11-13 and 15 No. Munn Ave which can hold about 24 cars each are also available for lease at an additional cost.
BEST LOCATION in Newark! High traffic, high visibility business area convenient to all major highways and Newark Airport. Price includes 7 lots: 741-745 So. Orange Ave, 9 No. Munn Ave, 11-13 No. Munn and 15 No. Munn. Both buildings renovated in 2021. Great potential for redevelopment. All 7 lots total 18,118.80 sq ft. with 16,618.80 sq ft at ground level. (Potential for half acre can be negotiated.)
BEST LOCATION in Newark for ANY business venture on high traffic, high visibility South Orange Ave corner of No. Munn just 1 block to GSP with Vailsburg Park/Ronald L. Rice Sports Complex and Speedway Academies on opposite corners. This building was renovated in 2021. Multiple office spaces, waiting areas, storage areas, an almost 6,000 sq ft open area on 1st floor has held 24 cars. Historically, recently used as an Auto Body Repair and Mechanic shop. Paint booth intact. Zoned C2 - Community Commercial. Potential for any retail business (tenant must obtain any required inspections/certifications from the City of Newark). Adjacent building at 9 No. Munn (C2), paved parking lot at 11-13 No. Munn (C2) and vacant unpaved lot at 15 No. Munn (R2) also available for additional cost.
Conveniently located off south orange ave on the border of Newark and South Orange. This 33x100 lot contains two separate free standing buildings approximately 650 sq.ft. each. Front building contains two rooms, full bathroom, kitchenette, and full basement. Second building in the back is a garage with overhead door in front, car lift installed, and half bath. Property has a private driveway with overhead door facing the street and plenty of extra space for parking. Both buildings renovated in 2024. Currently Tenant occupied.
Newly renovated banquet hall being sold with its Plenary Retail Consumption liquor license! Currently Zoned C-1, this was Previously operating as a Caribbean restaurant, this space needed a facelift and that's exactly what it received. Over $300,000 of material/labor was put in to fully renovate the main level area, by investing in brand new floors, new added bathrooms with brand new flooring, wall tiles a brand new added bar with direct access to the kitchen, new higher ceilings with added lighting and chandeliers and a private office area next to the bar/kitchen, to name a few updates. This space is a homerun investment! Zoning C-1 includes: Dwelling, Above the Ground Floor of Retail, Office or Service Use, Child Care Center, Consignment Store, Finance, Insurance, Real Estate, or Securities Brokerage Consumer Services, Fresh Food Market, Furniture and Appliance Stores, Governmental (Non-Municipal), Laundromat, Municipal Uses, Personal Service Establishment, Place of Worship.
To Be Built: Approved Plan with Resolution provided for a well designed 16 Units Mixed-Use Development totaling 16,028 SF across 4 Floors. The spectacular new development will feature 15 New Apartments and 1 Retail/Commercial Unit. The ground floor will house a Gym, Amenities Room, and a Commercial Retail Space. This new development is located in a prime area of Newark's fast-growing evolutionary and coveted landscape, well-positioned for major redevelopment now and into the near future. A new Central Planning Board application will be required for approval to build up to 26 Residential Units/8 Stories with the recently approved City of Newark Zoning Ordinance. Do not miss this opportunity to be a part of the City of Newark's revitalization with this new development project added to your Portfolio!
SMALL UNIQUE FELLOWSHIP AREA IN THE LOWER LEVEL OF BUILDING THAT SEATS APPROXIMATELY 100 INDIVIDUALS. PULPIT, PADDED PEWS AND ORGAN. BATHROOM ON THIS LEVEL. UPSTAIRS INCLUDES SMALL KITCHEN WITH APPLIANCES, DINING AREA, BATH ROOM AND THREE EXTRA ROOMS FOR OFFICES ETC. VERY COZY FOR SMALL CONGREGATION. BEING SOLD "AS IS", EXCLUDE DRUM SET, KEYBOARD, SPEAKERS AND CAMERAS.
Multi Use Bldg in Business Area with quick access to main routes. Bldg contructed brick/block, roof 2 yrs young, and backyard. Features Charitable Events/Svcs on 1st floor and Loft Style Luxury Apt on 2nd flr. Apartment has open floor plan with Living Rm, Dining Area and Kitchen with SS Apl, Master Bed & Bath and 2nd Bedroom and additional Bath. High End furnishings and Central Air Conditioning and heat.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
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