Mixed-Use Redevelopment
1146 Broad Street, Newark, NJ 07114
For Sale
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Five adjoining parcels support a residential-led concept with potential retail and structured parking components.
Property SizeContact for details
Days on Market36
Property Features for 1146 Broad Street
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Listing Agency:
MAG Realty Associates
Listed By:
Avi Garma · License #NY 10491210550
Source:
Crexi
Added: Oct 5
Changed: Nov 8
Last Checked: Nov 8 at 5:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MAG Realty Associates
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Investment Insights
Based on property information with market context.
The five-lot assemblage at 1146–1156 Broad Street offers approximately 120,300 buildable SF as-of-right, subject to verification and approvals. A development concept envisions approximately 94 residential units in an eight-story building reaching up to approximately 96 feet. Ground-floor retail, structured parking, and affordable housing are also potential elements, subject to final zoning review, design, and governmental approvals.
The property is in Newark, near Newark Liberty International Airport, Port Newark, Downtown Newark, and Newark Penn Station. The site may be acquired with the directly adjacent 98–104 Murray Street property, which contains an approximately ±60,000 SF, five-story historic industrial building. Combined, the properties offer approximately ±180,000 SF of existing building area alongside further development potential; they are also available independently.
The property is in Newark, near Newark Liberty International Airport, Port Newark, Downtown Newark, and Newark Penn Station. The site may be acquired with the directly adjacent 98–104 Murray Street property, which contains an approximately ±60,000 SF, five-story historic industrial building. Combined, the properties offer approximately ±180,000 SF of existing building area alongside further development potential; they are also available independently.
Key Highlights
- Five contiguous lots with approximately 120,300 buildable SF as‑of‑right
- Development concept includes approximately 94 residential units across 8 stories
- Proposed building height of up to approximately 96 feet
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,907
Businesses Nearby
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Business Placement
Demographics for 07114, NJ
17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Newark, NJ
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Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five adjoining parcels support a residential-led concept with potential retail and structured parking components.
Where is this mixed-use property located?
The property is located at 1146 Broad Street Newark, NJ.
What are key features of this property?
This property features: Five contiguous lots with approximately 120,300 buildable SF as‑of‑right; Development concept includes approximately 94 residential units across 8 stories; Proposed building height of up to approximately 96 feet
