198 Ferry St, Newark City, NJ 07105
Ironbound · Essex County
Key Facts
Description
Excellent opportunity to lease approximately 1,500 sq ft of versatile retail or office space in a highly desirable location. This open-concept layout features impressive 12-foot ceilings, creating a bright and spacious environment ideal for a variety of business uses. The unit includes one bathroom and is equipped with central HVAC for year-round comfort. Located near Newark Penn Station, this property benefits from exceptional accessibility and strong foot traffic, making it ideal for retail, professional office, or service-based businesses seeking high visibility. Don?t miss the opportunity to establish your business in this prime Ferry Street location.
Property Information
Property Type
Commercial Lease
Sub-Type
Mixed Use
Year Built
2015
Stories
1
Living Area
1,500 sq ft
Lot Size
0.11 acres
Ownership
Fee Simple
Days on Market
77
MLS® Listing#
4006038
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Security
Sewer
Water Source
Financial Details
Annual Taxes
$46,921
Tax year 2024
Assessed Value
$1,233,800
Parcel Number
1614-01992-0000-00008-0000-
Directions
corner of Ferry and Polk
Affordability Calculator
$950
Estimated monthly payment
$25/mo
Principal $3,800 · Est. interest $5,301 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $615,097
- Median Listing Price
- 49
- Median Days on Market
- 1,385
- Median Sq Ft
- $417
- Median Price / Sq Ft
- 3,231
- Active Listings
- This home’s price is 99% below the area median.
- Its price per sq ft is 99% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
- 198 Ferry St, Newark City, NJ 07105
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Wilson Avenue School
Elementary · 0.1 mi away
East Side High School
Secondary · 0.3 mi away
Ann Street School
Elementary · 0.4 mi away
Ironbound Catholic Academy
School · 0.4 mi away
Lafayette Street School
Elementary · 0.4 mi away
Famous Bartending School
Secondary · 0.4 mi away
Ann Street Annex
School · 0.5 mi away
Gray Charter School
Elementary · 0.7 mi away
East Ward Elementary School
Elementary · 0.7 mi away
South Street Elementary School
Elementary · 0.8 mi away
New Direction School
Secondary · 0.9 mi away
Hawkins Street School
Elementary · 0.9 mi away
Americation Career and Training School
School · 0.9 mi away
Alif Muhammad's Nia School
School · 1.0 mi away
Team Academy Charter School
School · 1.0 mi away
Kipp New Jersey
School · 1.0 mi away
Great Oaks Legacy Charter School
School · 1.0 mi away
Newark Public Schools
School · 1.0 mi away
Islamic School of New Jersey
School · 1.0 mi away
Merit School of Allied Health
Secondary · 1.0 mi away
Commute Calculator
Nearby Homes
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Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 623 38Th St Unit 2 2, Union City, NJ | $3,350/mo | 2 | 2 | 1,200 |
| 623 38TH ST 2, Union City, NJ | $3,350/mo | 2 | 2 | 1,200 |
| 301 W Elm St, Linden City, NJ | $3,350/mo | 4 | 1 | — |
| 1 2ND ST 2205, Jersey City, NJ | $3,350/mo | 1 | 1 | 760 |
| 808 Summit Ave, Union City, NJ | $3,350/mo | — | — | 1,500 |
| 33 BELMONT AVE 2, Jersey City, NJ | $3,350/mo | 3 | 2 | 1,300 |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: EXIT REALTY LUCKY ASSOCIATES - 9738177700