Property Record
245 W Market St, Newark, NJ 07103
Current Lease Availabilities
NEARBY LISTINGS FOR SALE OR LEASE
Property Detail
245 W Market St
14-00151-0000-00001
47077 SF
Officebuilding
Essex
X
New Jersey
34013C0156F
1
2023
1.08 AC
2024
Newark
008100
Northern New Jersey
877 SF
Newark, NJ-PA
DEMOGRAPHICS near 245 W Market St
1 Mile
3 Mile
5 Mile
2024 Total Population
59,907
319,986
769,689
2029 Population
58,537
308,347
742,907
Pop Growth 2024-2029
(2.29%)
(3.64%)
(3.48%)
Average Age
37
36
38
2024 Total Households
24,639
115,132
280,468
HH Growth 2024-2029
(2.02%)
(3.68%)
(3.61%)
Median Household Inc
$51,157
$45,611
$55,826
Avg Household Size
2.30
2.60
2.60
2024 Avg HH Vehicles
1.00
1.00
1.00
Median Home Value
$396,212
$322,702
$342,737
Median Year Built
1979
1966
1958
Nearby Places
- Restaurants
- Banks
- Shops
- Fitness
- Groceries
PUBLIC TRANSPORTATION
TRANSIT/SUBWAY
Washington Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))
DRIVE
WALK
Distance
Washington Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))
1 min
7 min
0.4 mi
Warren Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))
DRIVE
WALK
Distance
Warren Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))
1 min
8 min
0.4 mi
Military Park (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))
DRIVE
WALK
Distance
Military Park (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))
1 min
12 min
0.6 mi
Norfolk Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))
DRIVE
WALK
Distance
Norfolk Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail))
2 min
13 min
0.7 mi
Washington Park (Broad Street Station - Newark Penn Station - Newark Light Rail (Newark Light Rail))
DRIVE
WALK
Distance
Washington Park (Broad Street Station - Newark Penn Station - Newark Light Rail (Newark Light Rail))
2 min
14 min
0.8 mi
COMMUTER RAIL
Newark Broad Street (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit))
DRIVE
WALK
Distance
Newark Broad Street (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit))
3 min
17 min
0.9 mi
Newark Penn Station (Broad Street Station - Newark Penn Station - NJ Transit Commuter Rail (NJ Transit), Grove Street - Newark Penn Station - NJ Transit Commuter Rail (NJ Transit), Newark Penn Station-World Trade Center - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit))
DRIVE
WALK
Distance
Newark Penn Station (Broad Street Station - Newark Penn Station - NJ Transit Commuter Rail (NJ Transit), Grove Street - Newark Penn Station - NJ Transit Commuter Rail (NJ Transit), Newark Penn Station-World Trade Center - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit))
2 min
1.1 mi
AIRPORT
Newark Liberty International
DRIVE
WALK
Distance
Newark Liberty International
10 min
5.6 mi
Laguardia
DRIVE
WALK
Distance
Laguardia
42 min
27.4 mi
John F Kennedy International
DRIVE
WALK
Distance
John F Kennedy International
51 min
30.3 mi
Freight Ports
Port Newark Container Terminal
DRIVE
WALK
Distance
Port Newark Container Terminal
12 min
5.6 mi
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7.25 AC
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Address
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877 SF
0.91 AC
Address
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TOTAL SIZE
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1.64 AC
Address
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Address
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2.79 AC
Address
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TOTAL SIZE
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Zoning
4.82 AC
Address
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TOTAL SIZE
Lot Size
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Address
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TOTAL SIZE
Lot Size
Zoning
1,264 SF
3.20 AC
Address
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TOTAL SIZE
Lot Size
Zoning
Address
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TOTAL SIZE
Lot Size
Zoning
0.06 AC
Address
Land Use
TOTAL SIZE
Lot Size
Zoning
0.09 AC
Address
Land Use
TOTAL SIZE
Lot Size
Zoning
877 SF
1.95 AC
Address
Land Use
TOTAL SIZE
Lot Size
Zoning
877 SF
1.35 AC
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© 2025 CoStar Group
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.