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118-122 Market StreetNewark, NJ 07102Price: $1,695,000

  • Price: $1,695,000
  • 16 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,695,000List Price
  • 118-122Building Number
  • Market StreetStreet
  • NewarkTown
  • NJState
  • 07102Zip
  • ActiveStatus
  • 10,000Square Feet

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One Unit Vacant with Access to 2nd Floor. Positioned in the core of Downtown Newark's main commercial corridor, 118-122 Market Street offers a 8,000 SF asset with immediate value-add and long-term Redevelopment upside for mixed use. Surrounded by major anchors including Prudential Financial, Prudential Center, New Jersey Performing Arts Center, Rutgers University-Newark, and New Jersey Institute of Technology, the property sits in a rapidly evolving, transit-oriented district driven by residential growth and redevelopment. Two attached commercial units. Flexible second-floor layout ideal for conversion. Basement storage supporting retail or redevelopment. Best suited for a developer to build residential for surrounding Universities and Business District.

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Property Details of 118-122 Market Street

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Listed by Kevin Sharkey of Realty Of America

 IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  Information is deemed reliable but is not guaranteed accurate by MLS.

 
 

 

 

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