201-741-1202
565 Broad St, Newark, NJ for Sale
Apartments - FOR SALE
1/4
null | Request Cap Rate

565 Broad St
Newark, NJ 07102
Downtown Newark


HIGHLIGHTS

  • Value-add opportunity through redevelopment or adaptive reuse of existing structure.
  • Adjacent to proposed Ark Tower development with over 300 planned apartments.
  • Excellent transit connectivity via NJ Transit, Newark Penn Station, and major highways.

OVERVIEW

Historic redevelopment located on Broad St. First floor is retail and floors 2-4 have 5 vacant residential units. Pricing Upon Request. This property appeals to investors and developers seeking to capitalize on Newark’s revitalization and position within a rapidly growing neighborhood. The layout supports a potential renovation or a complete redevelopment scenario, leveraging surrounding momentum from extensive urban renewal and infrastructure upgrades. Exceptional access to NJ Transit, major highways (I-280, Route 21), and Newark Penn Station ensures connectivity to New York City and beyond, enhancing its desirability for future mixed-use or residential repositioning.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

5

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,208 SF

ZONING

commerical

APN/PARCEL ID

14-00022-0000-00023

ASK ABOUT THIS PROPERTY

Charles LaginestraNAI James E. Hanson, Inc.More Info
201-741-1202

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Charles LaginestraNAI James E. Hanson, Inc.More Info
201-741-1202

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