104 Market St
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104 Market St
5,000 SF 100% Leased Retail Building Newark, NJ 07102 $1,200,000 ($240/SF)
Investment Highlights
- Heavy foot traffic
- Prime retail area with neighbors such as: Nike, Starbucks, Foot Locker, Chipotle, McDonalds, and more
Executive Summary
This 3 story retail property consists of ground level retail, 2nd floor commercial spaces, and 3rd floor for storage. Full basement, delivered vacant. New roofing installed in 2024.Great location with many great neighbors including Prudential Center New Jersey Arena, Starbucks, Popeyes, Wendy's, Nike, and more.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1970
Price
$1,200,000
Price Per SF
$240
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.50
Lot Size
0.05 AC
Opportunity Zone
Yes
Frontage
15 FT on Market St
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (96)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 14-00060-0000-00023 | Improvements Assessment | $207,400 |
| Land Assessment | $212,000 | Total Assessment | $419,400 |
PROPERTY TAXES
Parcel Number
14-00060-0000-00023
Land Assessment
$212,000
Improvements Assessment
$207,400
Total Assessment
$419,400
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104 Market St
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