$875,000

67 Broadway, Newark, NJ 07104

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

67 Broadway, Newark, NJ is a prime mixed-use investment property in the heart of the Mount Pleasant / Lower Broadway neighborhood — one of Newark’s most dynamic and rapidly developing corridors. Just steps from Rutgers University and 10 minutes from Downtown Newark, this building offers a rare combination of residential and commercial upside in a community where new luxury apartments, restaurants, and retail spaces are reshaping the local landscape. The property includes two residential units: the second floor features a spacious 4-bedroom, 1-bath apartment currently vacant and ready for market-rate occupancy, while the third floor hosts a 3-bedroom, 1-bath unit rented month-to-month at $2,200 with the flexibility to be delivered vacant. The first-floor commercial space is scheduled to open in November as a restaurant. The tenants have already made significant investments into upgrading the space, delivering built-in value and long-term stability for the next owner. Recent improvements and highlights include separate utilities, independent heating systems, and a new roof installed in 2023, as well as ongoing updates throughout the property. With strong rental demand fueled by proximity to Rutgers University, Downtown Newark, and nearby transit hubs, 67 Broadway stands as a turnkey opportunity in one of Newark’s most promising neighborhoods.

Listing Status:
Active
Date Added:
October 4, 2025 at 05:00AM
Listing Office:
Keller Williams Town Life : 201-894-8004
Listing Agent:
Miguel Rondon : 201-851-2023
MLS ID:
25035563
  • Roofing: Asphalt
  • County: ESSEX

This listing courtesy of Miguel Rondon, Keller Williams Town Life

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Franklin Elementary School

42 Park Ave, Newark, NJ, 07104

Grades PK-4

0.31 miles away

M

McKinley Elementary School

1 Colonnade Pl, Newark, NJ, 07104

Grades PK-8

0.41 miles away

N

Newark School of Global Studies

24 Crane St, Newark, NJ, 07104

Grades 9-9

0.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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