Date
Details
Price
Change
Source
3/24/2026
Listed
$3,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$3,500
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1/17
Property Description
Prime 2,200 sq. ft. second-story office space available just steps from the Prudential Center and Newark Penn Station. This bright, open-layout space offers the perfect setup for professional offices, creative studios, or small business operations looking for a central Newark location. Features include a modern drop ceiling with new lighting, central air and heat, a private bathroom, and a kitchenette for added convenience. The space also offers a private entrance, providing an added level of privacy and flexibility for staff and clients. Space can be easily divisible into private offices/cubicle area. Located blocks away from the Gateway Building, connecting directly into Penn Station for easy access commuting to and from NYC. Situated in the heart of downtown Newark, this office offers excellent accessibility by train, bus, and major highways?ideal for businesses seeking a professional environment in a high-visibility, transit-friendly area.
Full Property Details
Full Property Details for 48 Commerce St
General
- Price: $3,500
- Taxes: $19,927 (2025)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4016290
- Updated: 3/24/2026
- Added to Site: 9 day(s) ago
Business
- Includes: Lease Only
Rental Information
- Lease/Rent Term: Modified
- Lease Includes: See Remarks
- Lease Terms: Negotiable
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: Fixtures, Kitchen Area, Restrooms - Private, See Remarks
Parking
- Parking: See Remarks
Location
- County: Essex
- Driving Directions: McCarter Hwy to Commerce St
- Location Details: Business District
Heating & Cooling
- Cooling Type: Ductless Split AC
- Heating Type: Multi-Zone
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: See Remarks
Structural Information
- Construction: Brick/Block
- Door Dimensions: 9
- Stories in Building: 2
- Square Feet: 4,400
- Aprox. Leasable: 2,200 Sq. Ft.
- Remodeled/Updated: 2023
Lot Features
- Lot Size (Acres): 0.05
- Lot Size: 27.7X80
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $19
- Assessment Amount: $498,300
- Land Assmt: $205,200
- Tax Amount: $19,927
- Tax Year: 2025
- Owner Pays: See Remarks, Sewer, Trash Removal, Water
- Tenant Pays: Electric, Gas, Heat, See Remarks
Disclosures and Reports
- APN: 1614-00145-0000-00038-0000-
- Block: 145
- Lot Number: 38
Listed by Keller Williams City Views Realty
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 48 Commerce St —
Keller Williams City Views Realty
201-749-2056
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 48 Commerce St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
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 | 0.7 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 1 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.4 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.4 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.4 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.6 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 48 Commerce St
Estimate the Cost
Estimate the Cost for 48 Commerce St
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48 Commerce St, Newark, NJ 07102 (MLS# 4016290) is a Commercial Lease property. 48 Commerce St is currently listed for $3,500 and was received on March 24, 2026. Want to learn more about 48 Commerce 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.