2286 Market St
30,400 SF of Multi-Family space available at 2286 Market St, Newark, NJ 07102. For Lease through Capitol Commercial.
For LeaseStatus
30,400 SFAvailable
2003Year built
BClass
Property facts
| Property type | Multi-Family |
|---|---|
| Building class | B |
| Rentable area | 534,300 SF |
| Available | 30,400 SF |
| Stories | 25 |
| Year built | 2003 |
| Typical floor | 21,372 SF |
| Lot size | 1.54 acres |
| Parking ratio | 1.4/1,000 SF |
| Occupancy | 94.3% |
| Zoning | TOD |
| Parcel ID | 31-864-4427 |
| Submarket | Newark CBD |
| Market | Northern New Jersey |
| Days on market | 320 |
| Walk Score | 33 |
| Transit | Light rail 5 min |
| Listing package | Basic |
Building amenities
Security System, Roof Terrace, Energy Star, EV Charging, LEED Gold, Food Service
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2025-02-10 | $190.97M | $357.43 | 9.07% | Cascade Realty Trust | Uplands Realty |
| 2024-02-06 | $122.97M | $230.14 | 8.19% | Aldergate Capital | Westbrook Equities |
| 2018-08-31 | $89.29M | $167.11 | 8.37% | Lone Star Property Trust | Silverline Holdings |
Public record
| Owner of record | Thornfield Investments LLC |
|---|---|
| Assessed value | $156.25M |
| Land value | $35.65M |
| Improvement value | $120.6M |
| Annual tax | $2.87M |
| Tax year | 2026 |
| Lot size | 67,082 SF |
| Last deed | 2022-06-14 |
| Deed type | Special Warranty Deed |
| Legal description | LOT 10 BLK 31 NEWARK CBD ADDN |
Location
2286 Market St
Newark, NJ 07102
Newark CBD submarket · Northern New Jersey market
40.73502, -74.17913
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