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118-122 Market Street
Newark NJ 07102 US

$1,695,000

Active Listing ID 22613733
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Lot: 0.09 Acres
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Other

$1,695,000

Active Listing ID 22613733
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118-122 Market Street 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 employees.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1695000
  • unparsedaddress: 118-122 Market Street
  • postalcity: Newark
  • stateorprovince: NJ
  • country: US
  • postalcode: 07102
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 10000
  • livingareaunits: Square Feet
  • latitude: 40.735899
  • longitude: -74.174284
  • listagentfullname: Kevin Sharkey
  • listagentemail: k.sharkey@realtyofamerica.com
  • listagentkey: 3yd-MOMLSNJ-54998
  • listagentmlsid: 54998
  • listagentpreferredphone: 8332564244
  • listagentofficephone: 8332564244
  • listofficekey: 3yd-MOMLSNJ-5188
  • listofficemlsid: 5188
  • disclaimer: Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MOMLSNJ
  • listingcontractdate: 2026-05-09
  • countyorparish: Essex
  • parcelnumber: 14-00060-0000-00035
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.174286, 40.7359
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty Of America", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"k.sharkey@realtyofamerica.com", "ListBrokerageCity":"Cranford", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Realty Of America", "ListBrokeragePhone":"833-256-4244", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"20 Jackson Drive", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"20 Jackson Drive ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"5188", "ListOfficeCity":"Cranford", "ListOfficeCountry":"US", "ListOfficeEmail":"alex@realtyofamerica.com", "ListOfficePostalCode":"07016", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Newark, NJ", "ListingURL":null, "MLSModificationTimestamp":"2026-05-12 00:14:32", "Neighborhoods":[{"Description":null, "Name":"Newark"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":29117, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/12/2026 12:18:14 AM GMT
Source Updated Date: 5/12/2026 6:41:10 PM GMT

Courtesy of: Kevin Sharkey, Realty Of America, k.sharkey@realtyofamerica.com

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.