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$499,000
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Property Description
Exceptional commercial redevelopment opportunity at 50 Duryea St., Newark, NJ! This three-story commercial building, located in a C-1 Commercial Zone, offers outstanding potential for developers, investors, owner-users, and business owners looking to capitalize on Newark's continued growth. The first floor is currently utilized for storage, while the second and third floors are configured as office space, providing flexibility for immediate use, renovation, or redevelopment. Strategically positioned with convenient access to major highways, public transportation, and Newark's thriving business district, this property presents endless possibilities for commercial, mixed-use, or adaptive reuse opportunities, subject to municipal approvals. Whether you're expanding your portfolio or seeking your next value-add project, this is a rare opportunity to invest in one of Newark's rapidly developing commercial corridors.
Full Property Details
Full Property Details for 50 Duryea St
General
- Price: $499,000
- Taxes: $2,103 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4042474
- Updated: 7/22/2026
- Added to Site: 36 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: See Remarks
Parking
- Parking: None
Location
- County: Essex
- Driving Directions: Orange St. to Duryea St.
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Concrete
- Roof: Flat
- Stories in Building: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 33.10X97.4 AVG.
- Zoning: .
Financial Considerations
- Assessment Amount: $52,600
- Land Assmt: $21,900
- Tax Amount: $2,103
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1614-02848-0000-00037-0000-
- Block: 2848
- Lot Number: 37
Listed by Re/Max Professionals I
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Schools
Schools serving 50 Duryea St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.3 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.8 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.5 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.3 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1.3 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.3 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 50 Duryea St
Date
Details
Price
Change
Source
7/22/2026
Listed
$499,000
-44.25%
MLS
3/29/2018
Sold
$895,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 50 Duryea St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,103
7%
$52,600
—
2022
$1,965
—
$52,600
—
2021
$1,964
33%
$52,600
—
2021
$1,481
-25%
$52,600
—
2019
$1,978
2%
$52,600
—
2018
$1,943
4%
$52,600
—
2017
$1,873
4%
$52,600
—
2016
$1,809
4%
$52,600
—
2015
$1,741
12%
$52,600
—
2013
$1,553
—
$52,600
—
Disclaimer: Historical tax 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 50 Duryea St
50 Duryea St, Newark, NJ 07103 (MLS# 4042474) is a Commercial property. 50 Duryea St is currently listed for $499,000 and was received on July 22, 2026. Want to learn more about 50 Duryea St? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

