Professional grm calculator optimized for retail properties in Newark. Local market data shows 6.3% average cap rates and $395,000 median property values.
This calculator is currently being developed.
The Newark, NJ retail real estate market offers unique investment opportunities. With a median home price of $395,000 and average cap rates of 6.3%,retail properties in this market present a strong yield profile.
Current market conditions show properties averaging 45 days on market, with year-over-year appreciation of 4.0%. Average cash-on-cash returns for retail investments in Newark are approximately 10.1%.