Sterling Park$29.04 – $35.36/SF/yr FS
Union Place
71,000 SF of Office space available at 73 McCarter Hwy, Newark, NJ 07105. For Lease through Northgate Commercial.
For LeaseStatus
71,000 SFAvailable
$42.72/SFAsking rent
1996Year built
AClass
Property facts
| Property type | Office |
|---|---|
| Building class | A |
| Rentable area | 436,500 SF |
| Available | 71,000 SF |
| Stories | 34 |
| Year built | 1996 |
| Typical floor | 12,838 SF |
| Lot size | 2.06 acres |
| Parking ratio | 1.6/1,000 SF |
| Occupancy | 83.7% |
| Zoning | TOD |
| Parcel ID | 12-348-8578 |
| Submarket | Newark Ironbound |
| Market | Northern New Jersey |
| Days on market | 676 |
| Walk Score | 99 |
| Transit | Metro 2 min walk |
| Listing package | Basic |
Building amenities
Concierge, EV Charging, Roof Terrace, Energy Star
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 3rd | Off/Ret | Direct | 16,800 | $41.75/SF | Thru Mar 2030 | Sep 2026 |
| P 23rd | Retail | Direct | 8,520 | $38.26/SF | Negotiable | Oct 2026 |
| P 18th | Coworking | Direct | 2,180 – 6,480 | On request | Thru Oct 2029 | 30 Days |
| P 33rd | Coworking | Direct | 9,100 | On request | Negotiable | Jan 2027 |
| P 24th | Medical | Direct | 3,270 – 9,570 | $42.56/SF | Thru Mar 2030 | Sep 2026 |
| P 16th | Office | Direct | 20,530 | $44.05/SF | Thru Mar 2030 | Vacant |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Frontier Telecom | Government | 1 | 4,920 | 2031-10-01 |
| Riverside Dental Partners | Logistics | 23 | 56,980 | 2031-05-01 |
| Pecos Drilling Services | Retail | 8 | 41,860 | 2032-11-01 |
| Umber Architecture | Media | 21 | 76,740 | 2028-10-01 |
| Ironclad Insurance | Non-Profit | 17 | 57,310 | 2037-03-01 |
| Ellison & Stroud | Retail | 13 | 17,900 | 2035-03-01 |
| Capital Policy Group | Retail | 12 | 57,470 | 2032-08-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2025-07-01 | $126.96M | $290.85 | 7.28% | Silverline Holdings | Everline Real Estate |
Public record
| Owner of record | James River Properties LLC |
|---|---|
| Assessed value | $44.12M |
| Land value | $11.69M |
| Improvement value | $32.42M |
| Annual tax | $712K |
| Tax year | 2026 |
| Lot size | 89,733 SF |
| Last deed | 2025-05-08 |
| Deed type | Grant Deed |
| Legal description | LOT 22 BLK 409 NEWARK IRONBOUND ADDN |
Location
73 McCarter Hwy
Newark, NJ 07105
Newark Ironbound submarket · Northern New Jersey market
40.71809, -74.15615
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.