- For Sale $1,000,000
- Property Type Multi-Family
- Property Size 8,400 SF
- Units 5
- Lot Size 0.06 Acre
- Date Updated Sep 3, 2026
Description
Discover the vibrant potential of investing in the heart of Newark, New Jersey. The area surrounding the property at 55 Broadway, NJ showcases the city's rich cultural heritage and offers convenient access to an array of amenities. Situated in close proximity to the Newark Museum, Branch Brook Park, and the iconic Prudential Center, the location presents an exciting opportunity for multifamily/mid-rise investors. With easy access to public transportation and a dynamic mix of dining, entertainment, and shopping options, the area provides an enviable lifestyle for prospective tenants. Embrace the urban renaissance and envision the possibilities in this thriving Newark neighborhood.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.
Highlights
- 3% Annual Increase on Retail
- 4 Vacant Apartments; Immediate Upside
- C-C Zoning
- Large Units; 12 Bedrooms Total
- Prime Newark location
- Separate Utilities
False
Contacts
Madeline Woods
Go Pro
Location
Located at 55 Broadway, Newark, NJ 07104, this property is part of the Mount Pleasant neighborhood and New Jersey market.
Contact Listing Broker
Madeline Woods
Go Pro