55 Halsey St - Storefront Retail/Residential FOR SALE


Newark, NJ 07102- Downtown Newark
$1,300,000 USD
973-803-8050
55 Halsey St, Newark, NJ for Sale
$1,300,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

55 Halsey St
Newark, NJ 07102
Downtown Newark


HIGHLIGHTS

  • Delivered fully vacant
  • 2 commercial (650 & 1,000 SF) / 2 apartments (1 & 2 Bedrooms)
  • Retail corridor with high foot traffic and directly across from Hahne’s Building & Prudential
  • 1 block from Rutgers Newark & 6 blocks from Newark Penn Station
  • Apartments are fully furnished and ready for rent or can be used as executive suites for owner
  • Large storage unit in rear with street access that can be converted to rentable space

OVERVIEW

The subject property is located in the heart of downtown Newark, directly across from Prudential and just steps from Rutgers University–Newark and NJIT, placing it at the center of a dense academic and cultural hub. Surrounded by walkable retail, offices, universities, hospitals, and ongoing development, the area has strong demand for residential, retail, and service-oriented uses. The neighborhood features excellent transit access via NJ Transit, PATH, Newark Penn Station, and nearby Newark Airport. It’s also close to major cultural and entertainment venues like the Prudential Center, NJPAC, and the Newark Museum of Art, with a growing dining and nightlife scene, making it a highly attractive location for investment.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

RDV

APN/PARCEL ID

14-00019-0000-00011

ASK ABOUT THIS PROPERTY

Andrea NesticoInvestment Property Realty GroupMore Info
973-803-8050

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Andrea NesticoInvestment Property Realty GroupMore Info
973-803-8050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.