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54 Broadway

40,000 SF Vacant Industrial Building Newark, NJ 07104 For Sale

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Executive Summary

-Favorable C-2 Zoning (Can build 6-8 stories as of right with zero parking - Mixed Use - Residential Over Retail)
-Transit-Oriented Development Opportunity (0.4 mi Away From Broad St Station)
-Situated On Major Retail Corridor With Close Proximity To Route 21
-Existing 40,000 SF Of Floor Space
-Open Shell For Various Uses
-Masonry Structure

Property Facts

Sale Type	Investment or Owner User	Rentable Building Area	40,000 SF
Sale Conditions	1031 Exchange High Vacancy Property Redevelopment Project	No. Stories	4
Property Type	Industrial	Year Built	1910
Property Subtype	Warehouse Industrial Manufacturing Showroom	Parking Ratio	0.38/1,000 SF
Building Class	C	Clear Ceiling Height	14 FT
Lot Size	0.17 AC	No. Drive In / Grade-Level Doors	1

Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange High Vacancy Property Redevelopment Project
Property Type	Industrial
Property Subtype	Warehouse Industrial Manufacturing Showroom
Building Class	C
Lot Size	0.17 AC
Rentable Building Area	40,000 SF
No. Stories	4
Year Built	1910
Parking Ratio	0.38/1,000 SF
Clear Ceiling Height	14 FT
No. Drive In / Grade-Level Doors	1

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Walk Score ®

Very Walkable (88)

Transit Score ®

Excellent Transit (79)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 14-00481-0000-00001 14-00481-0000-00001-0000-T01	Improvements Assessment	$1,061,400
Land Assessment	$124,200	Total Assessment	$1,185,600

PROPERTY TAXES

Parcel Numbers

Multiple

14-00481-0000-00001
14-00481-0000-00001-0000-T01

Land Assessment

$124,200

Improvements Assessment

$1,061,400

Total Assessment

$1,185,600

zoning

Zoning Code	C-2
C-2

Listing ID: 33743648
Date on Market: 11/4/2024
Last Updated:
Address: 54 Broadway, Newark, NJ 07104

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