Listing Details

43 Merchant St,Newark City, NJ 07105-2814

  • January 12, 2026

Description

Located just off Ferry Street in Newark’s vibrant Ironbound section, this well-maintained commercial property offers 7 individual units with varying sizes and price points, providing flexible options for a wide range of business uses. The building is suitable for retail, 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.

Details

Last Updated On: January 12th, 2026 at 8:14 pm
Property ID:PT-24230984-AXZR
Offer Type:For Lease
Price: 1,900 $
Year Built:1950

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 165.9X90
Office SqFt: 1108
Property Type: Office Building Complex, Office/Retail
Available: Immediately, Vacant
Lot Identifier: 22

Home Details

Location: Business District
Acreage: 0.34
Exterior Description: Brick/Block
Number of Lavatories: 1
Color of Building: Gray Stone
Parking Desc: Off-Street Parking
Easement/Desc: No
Pre-Rental Rqmts: FloroStone NTN required, No Exceptions.
Owner Pays: Electric, Heat, Maintenance-Common Area, Sewer, Snow Removal, Trash Removal, Water
Tenant/Landlord Pays Commission: Landlord Pays Commission
YB/Desc: 1950 - Approximate
Block Identifier: 1993
County Number: 16
Town Number: 1614
Possession: at closing

Taxes, Fees & Assessments

For Sale Or Lease: For Lease
Documents Available: No Documents Available
Lease Type: Gross
Lease Info: 1 Year Minimum
Lease Includes: Common Area Maint, Sewer, Water
Ownership: Fee Simple
Tax ID For Property: 1614-01993-0000-00022-0000-
Tax Amount: $110,287.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $815,000.00
Building Assessment: $2,085,000.00
Total Assessment: $2,900,000.00

Utilities

Equipment Available: Fire Alarm, Restrooms - Private, Restrooms - Public, Smoke Detector
Heat Source: Gas-Natural
Heat System: Cent Register Heat
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Other

Zoning: Commercial

Statistics

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