43 Merchant St, Newark City, NJ 07105
Essex County
Key Facts
Description
Located just off Ferry Street in Newark's vibrant Ironbound section, this well-maintained commercial property offers 6 individual units with varying sizes and price points, providing flexible options for a wide range of business uses. The building is suitable for professional or medical offices, salons, boutiques, creative studios, and service-oriented businesses.The property benefits from strong neighborhood presence and convenient accessibility, with close proximity to public transportation, Newark Penn Station, Downtown Newark, and major highways. Multiple configurations are available to accommodate different layouts and operational needs, making this an excellent opportunity for businesses seeking a prime Ironbound location. This suite has a private restroom.
Property Information
Property Type
Commercial Lease
Sub-Type
Office
Year Built
1950
Lot Size
0.34 acres
Ownership
Fee Simple
Days on Market
2
MLS® Listing#
4030301
Property Features
- Cooling:
- Window Unit(s)
- Heating:
- Natural Gas
- Parking:
- Off Street
- Construction:
- Brick
- Security:
- Smoke Detector(s)
- Utilities:
- Natural Gas Available
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $110,287 (2024)
- Assessed Value:
- $2,900,000
- Parcel #:
- 1614-01993-0000-00022-0000-
Directions
Ferry St to Merchant
Affordability Calculator
$250
Estimated monthly payment
$7/mo
Principal $1,000 · Est. interest $1,395 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $616,435
- Median Listing Price
- 49
- Median Days on Market
- 1,383
- Median Sq Ft
- $423
- Median Price / Sq Ft
- 3,208
- Active Listings
- This home’s price is 100% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
- 43 Merchant St, Newark City, NJ 07105
Nearby Schools
Wilson Avenue School
Elementary · 0.1 mi away
Ann Street School
Elementary · 0.4 mi away
East Side High School
Secondary · 0.4 mi away
Ironbound Catholic Academy
School · 0.4 mi away
Ann Street Annex
School · 0.4 mi away
Famous Bartending School
Secondary · 0.4 mi away
Lafayette Street School
Elementary · 0.5 mi away
Gray Charter School
Elementary · 0.7 mi away
East Ward Elementary School
Elementary · 0.8 mi away
Hawkins Street School
Elementary · 0.8 mi away
South Street Elementary School
Elementary · 0.9 mi away
New Direction School
Secondary · 0.9 mi away
Americation Career and Training School
School · 1.0 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
Merit School of Allied Health
Secondary · 1.0 mi away
Newark Public Schools
School · 1.0 mi away
Great Oaks Legacy Charter School
School · 1.0 mi away
Islamic School of New Jersey
School · 1.1 mi away
Commute Calculator
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EXIT Agents in Newark City
Listing Courtesy: FLOROSTONE REALTY INC. - 9084455339