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$499,000
50 Duryea Street, Newark, NJ, 07103
MLS# 26026932
0.074 acres (3,224 sqft)
Lot Size
Commercial — Industrial
Property Type
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.
Tax & Financial Information
| Annual Property Taxes | $2,000 (NJ Public Records) |
| Tax Assessment | $52,600 |
| Land Assessment | $21,900 |
| Listed | July 22, 2026 |
Listing Information
Listing Office: RE/MAX Professionals 1 — 973-450-4000
Listing Agent: Jorge Velasquez — 973-450-4000 — jvelasquez21@verizon.net
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 7/24/2026.
Total Monthly Cost
$3,380/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $99,800 | Loan: $399,200
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Newark
Northeast Corridor / PATH
Newark Penn Station
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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Listed by eRealty
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Information deemed reliable but not guaranteed. Last date updated: 10/25/2026.
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