116 Wright St Newark, NJ ^$ 599,000

116 Wright St

^$ 599,000

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116 Wright St

Newark, NJ, 07114

^$ 599,000

Bedrooms-- Baths-- Sq 3,600

Monthly Estimate*

^$ 3,737

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Commercial Property for sale in Newark, NJ

for $599,000 with 2 half baths. This 3,600 square foot building was built in 2014 on a lot size of 0.03.

Mixed use building. First floor zoned light industrial. Live upstairs and work downstairs. Close to every major highway, 5 minutes from EWR. Solar powered building with battery backup during emergencies. Brand new roof 2025. EV charging station. VERY low taxes

Commercial Active

Price

^$ 599,000

Half Bath

Property Type

Commercial

Taxes

^$ 3,369

Style

Industrial Complex - Light

Lot Size

0.03

Year Built

2014

Town/City

Newark

County/Region

Essex

MLS | Web ID

3988858

Features

General

Sewer Public Sewer

Construction Formed Concrete

Heating 2 Units Forced Hot Air

Cooling 2 Units Central Air

Utilities Electric Gas-Natural

Possession IMMEDIATE

Roof Asphalt Shingle

Zoning COMMERCIAL

Year Built 2014

Township Newark City

Property Type Industrial Complex - Light Industrial Complex - Light

Tax Year 2024

Ownership Fee Simple

Location Residential Area

County Essex

Status Active

Directions RIGHT TURN OF BROAD STREET SOUTH.

Number Of Units Total 2

Tax Annual Amount 3369

Drive 1 Car Width

Leasable Area 1800

Standard Status Active

Tax Assessed Value 88600

Town # 1614

Tax Lot 32

Exterior

Water Source Public Water

Exterior Description Concrete

Building Area Total 1800

Lot Dimensions 20X75

Lot Size Acres 0.03

Interior

Fuel Type Gas-Natural

Total Stories 2

Half Baths 2

* Excluded Features

List By

EDWIN DEVIA

Listing Agent

Elite Realtors Of New Jersey

Broker

Affordability Calculator

$4,018

Per Month

Monthly Principal & Interest: $3,737
Monthly Property Taxes: $281
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Newark, NJ

Average List Price ^$1,123,720

Percent of Sale Price 88%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/25/2025	$599,000		Listed Price

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116 Wright St, Newark, NJ, 07114 is a Commercial Property for sale at $599,000 with 3,600 sqft and a lot size of 0.03. 116 Wright St was built in 2014. The property's zip code is 07114 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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116 Wright St

Commercial Property for sale in Newark, NJ

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