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59-61 Market Street
59 Market Street, Newark, NJ 07102
- Property Type Office - General Office
- Property Size 28,532 SF
- Lot Size 0.09 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1931
- City Newark, NJ
- Neighborhood Downtown Newark
- Zip Code 07102
- Market New Jersey
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Average Actual Rents in Newark
Asking Rents in Newark Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $36.88
- 2020 Office Vacancy Rate 14.66%
- 2020 Office Completions (SF)
- Property Tax in 2021 $30,388
- Market Value* $799,700
- Assessed Value $799,700
Find more tax info, including assessment history and abatements, on CommercialEdge
Frequently Asked Questions
What is the total square footage of 59-61 Market Street?
59-61 Market Street totals 28,532 square feet.
When was this property built?
59-61 Market Street was built in 1931.
What is the property tax for 59-61 Market Street?
The property tax for 59-61 Market Street in 2021 was $30,388.
What is the market value for 59-61 Market Street?
The market value* for 59-61 Market Street in 2021 was $799,700.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.