Creative Space

Newark, NJ Creative Space for Sale

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Harrison, NJ East Newark, NJ Kearny, NJ Irvington, NJ East Orange, NJ Bloomfield, NJ Hillside, NJ Belleville, NJ
Second-Story Office Unit
Updated: Jul 29
Second-Story Office Unit

48 Commerce St, Newark, NJ 07102

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4,400 sqft
Second‑story office unit at 48 Commerce St, Newark, NJ
Open layout can be divided into private offices or a cubicle area
Drop ceiling with new lighting and central air and heat
Private bathroom and kitchenette
Separate entrance for occupants and visitors
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See hot listings in Newark

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newark, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Creative Space with Glass Frontage
Creative Space with Glass Frontage

506 Greenwich Street RETAIL, New York City, NY 10013

$2,195,000
2,042 sqft

Creative space at 506 Greenwich Street with high ceilings, glass frontage, and flexible use options.

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Creative Loft Space
Creative Loft Space

450 W 31st Street 2N, New York City, NY 10001

$1,799,000
2,600 sqft

Light-filled commercial coop loft with exposed brick, concrete floors, central air, and an open-concept layout.

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Renovated Ground Floor Office Gallery
Renovated Ground Floor Office Gallery

9 White St, New York, NY 10013

Contact for pricing
3,000 sqft

Ground floor gallery and lower-level office with new HVAC, upgraded electric and plumbing, and restored historic features.

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Tribeca Commercial Condo For Sale
Tribeca Commercial Condo For Sale

66 White St, New York, NY

Contact for pricing
7,971 sqft 0.12 AC lot

7,971 SF commercial condo in prime Tribeca location.

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Newark, NJ Creative Space Market Trends and Statistics

Explore 1 creative space for sale in Newark, NJ on our real estate platform. These investment opportunities span a total of 4,400 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 46
Office buildings 12
Medical Office Space 11
Coworking space 5
Creative space 3

Demographics Overview

Population 307K
Population Growth (5Y) +8.9%
Median Household Income $47,918
College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07105 $1.4M

Taxes & Financing

Tax Rate (average for all types) 3.63%
Property Tax per SF $23.25 per SF
Tax Rate vs County Average 0.60 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Essex County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Newark fall within the 50,000 to 100,000 square foot range.

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