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$3,100
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Property Description
Prime retail storefront available in the heart of Newark 's bustling ironbound commercial corridor. This well located retail store offers an open floor area ideal for a variety of retail, service, or boutique concepts with Excellent foot traffic & surrounding retail activity. Ideal for established businesses looking to expand or new ventures seeking a high-profile retail presence on Ferry Street.
Full Property Details
Full Property Details for 248 Ferry St
General
- Price: $3,100
- Taxes: $28,744 (2025)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4012061
- Updated: 3/2/2026
- Added to Site: 13 day(s) ago
Rental Information
- Lease/Rent Term: Other
- Lease Includes: Sewer, Taxes, Water
- Lease Terms: Negotiable
Additional Information
- Equipment: Fire Alarm, Smoke Detector
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Driving Directions: Darcy Street to Wall St to Ferry St
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: 1 Unit
- Heating Type: 1 Unit, Auxiliary Electric Heat, Space Heater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Basement: Yes
- Basement Desc.: Partial
Lot Features
- Lot Size (Acres): 0.18
- Lot Size: 97.7 X 80.8
Financial Considerations
- Price Per Sq. Ft.: $34
- Assessment Amount: $718,800
- Land Assmt: $525,000
- Tax Amount: $28,744
- Tax Year: 2025
- Owner Pays: Sewer, Water
- Tenant Pays: Electric, Heat
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-01995-0000-00020-0000-
- Block: 1995
- Lot Number: 20
Listed by Coldwell Banker Garden State
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Schools
Schools serving 248 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 | 0.5 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.9 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.4 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 2.1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 2.1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.3 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 248 Ferry St
Date
Details
Price
Change
Source
2/28/2026
Listed
$3,100
—
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 248 Ferry St
248 Ferry St, Newark, NJ 07105 (MLS# 4012061) is a Commercial Lease property. 248 Ferry St is currently listed for $3,100 and was received on February 28, 2026. Want to learn more about 248 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.

