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$4,750
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Property Description
Retail / Office space available in a great location with extraordinary food traffic. Walking distance to Newark Penn Station. Approximately 1,500 sq.ft of open space with one bathroom. Central HVAC. Triple net Lease.
Full Property Details
Full Property Details for 198 Ferry St
General
- Price: $4,750
- Taxes: $46,921 (2024)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4006038
- Updated: 1/20/2026
- Added to Site: 52 day(s) ago
Business
- Includes: Building & Land, Lease Only
Rental Information
- Lease/Rent Term: Net
- Lease Includes: See Remarks
- Lease Terms: 2 Year Minimum, Negotiable
Interior
- Flooring: Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: Smoke Detector, Sprinkler System, Storage Area(s)
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Subdivision: Ironbound
- Driving Directions: corner of Ferry and Polk
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Construction: Brick/Block
- Basement: Yes
- Basement Desc.: Storage
- Roof: Flat
- Ceiling Height: 12
- Door Dimensions: 7
- Stories in Building: 1
- Aprox. Leasable: 1,500 Sq. Ft.
- Previous Bldg. Use: retail
- Office: 1,500 Sq. Ft.
- Year Built: 2015
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 4756 SF
- Permitted Use: office / retail
- Zoning: C2
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $38
- Assessment Amount: $1,233,800
- Land Assmt: $352,500
- Tax Amount: $46,921
- Tax Year: 2024
- Owner Pays: See Remarks
- Tenant Pays: Electric, Heat, Hot Water, See Remarks
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-01992-0000-00008-0000-
- Block: 1992
- Lot Number: 8
Listed by Exit Realty Lucky Associates
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Schools
Schools serving 198 Ferry St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.1 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.4 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.8 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.3 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 2 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2.1 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 198 Ferry St
Date
Details
Price
Change
Source
1/20/2026
Listed
$4,750
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 198 Ferry St
198 Ferry St, Newark, NJ 07105 (MLS# 4006038) is a Commercial Lease property. 198 Ferry St is currently listed for $4,750 and was received on January 20, 2026. Want to learn more about 198 Ferry St? Do you have questions about finding other Commercial Lease real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

