59 Market St - Office FOR SALE


Newark, NJ 07102- Downtown Newark
$2,800,000 USD
732-737-9013
59 Market St, Newark, NJ for Sale
$2,800,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

59 Market St
Newark, NJ 07102
Downtown Newark


HIGHLIGHTS

  • Six-story building + mezzanine + basement
  • High ceilings ranging from 8 to 18 feet
  • Elevator & freight access throughout
  • Radiator heating across multiple floors

OVERVIEW

59-61 Market Street represents a compelling urban investment opportunity in one of New Jersey’s fastest-evolving cities. Positioned in the core of Newark, the asset benefits from strong market fundamentals, excellent transit connectivity, and significant redevelopment upside.With its flexible configuration and prime location, the property offers investors a clear path to value creation and long-term appreciation Positioned in the heart of downtown Newark, 59 Market Street presents a rare opportunity to acquire a fully functional, multi-level commercial building with exceptional infrastructure, flexible layouts, and direct access to both passenger and freight elevators.This asset is ideally suited for office, institutional, creative, or mixed-use redevelopment.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

B

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,838 SF

ZONING

-

APN/PARCEL ID

14-00072-0000-00022

ASK ABOUT THIS PROPERTY

Samantha LampteyExodus Real EstateMore Info
732-737-9013

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Samantha LampteyExodus Real EstateMore Info
732-737-9013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.