55 Broadway, Newark, NJ for sale

Investment Overview

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.

Investment Highlights

• Prime Newark location
• C-C Zoning
• 4 Vacant Apartments; Immediate Upside
• Large Units; 12 Bedrooms Total
• 3% Annual Increase on Retail
• Separate Utilities