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Type:
Mixed Use
Sq Ft:
8,400
Units:
Property Description
55 Broadway, Newark, NJ presents a prime value-add mixed-use opportunity in one of Newark’s growing submarkets. This 4-story mid-rise building features four (4) vacant residential apartments over one (1) occupied ground-floor retail unit, providing immediate in-place income with significant upside through residential renovation and lease-up.
Strategically located near major transportation, employment centers, and ongoing redevelopment, 55 Broadway is well-positioned for an investor seeking both stable cash flow and long-term appreciation in Newark’s evolving market.
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Block & Lot:
449-56
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Neighborhood:
Newark
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Cross Streets:
Crane Street & 7th Avenue
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Units:
5
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Total Approx. SF:
8,400
