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.
Property Information
Property Type
Commercial Lease
Sub-Type
Office
Year Built
1950
Lot Size
0.34 acres
Ownership
Fee Simple
MLS® Listing#
4030293
Property Features
Heating
Parking
Lot Features
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$110,287
Tax year 2024
Assessed Value
$2,900,000
Parcel Number
1614-01993-0000-00022-0000-
Directions
Ferry St to Merchant St
Affordability Calculator
$380
Estimated monthly payment
$10/mo
Principal $1,520 · Est. interest $2,121 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 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
Points of Interest in Newark City, NJ
Showing the Newark City area map.
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
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 143 E State St, Trenton City, NJ | $1,343/mo | — | — | — |
| 24 Arnett Ave, Lambertville City, NJ | $1,350/mo | — | — | — |
| 3501 Boardwalk, Atlantic City, NJ | $1,350/mo | — | — | — |
| 3851 Boardwalk, Atlantic City, NJ | $1,375/mo | — | — | 490 |
| 562 Summer St, Paterson City, NJ | $1,395/mo | 2 | 1 | — |
| 500 NEW YORK AVE Left side store, Union City, NJ | $1,399/mo | — | — | 400 |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: FLOROSTONE REALTY INC. - 9084455339