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    355 Broad St Newark, NJ 07104

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    For Lease
    Contact for pricing

    Retail spaces available near transportation, apartments, and academic institutions.

    Property size:
    2,068 SF
    Lot size:
    3.95 Acres

    Property Features for 355 Broad St

    General Information

    Size
    2,068 SF
    Lot size
    3.95 Acres

    Source: Sabre Real Estate Group, LLC Agent Dina Santarelli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Newark

    Located at the southwest corner of Broad Street, Clay Street, and Broadway, this retail space offers accessibility to Route 280 and Route 21. The property benefits from cross access with a proposed Chick-fil-A. It is situated less than 0.5 miles from Newark Broad Street Train Station, Rutgers Business School, Rutgers Newark Campus, and Saint Michael’s Medical Center. The location is part of a new luxury apartment complex consisting of 296 units. The property includes 42 retail parking spaces. The available spaces are equipped with an electric capacity of 225 amps at 120/208V. The property size is 2068 square feet.
    Location Intelligence

    Current Use by Public Records

    Vermella Broad Street Apartment Complex

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1703832
    Latitude
    40.7493566

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available near transportation, apartments, and academic institutions.
    Where is this retail space located?
    The property is located at 355 Broad St Newark, NJ.
    What are key features of this property?
    This property features: - Prime location at a traffic-lit intersection with high visibility; - Easy access to Route 280 and Route 21; - Proximity to Newark Broad Street Train Station, Rutgers Business School, Rutgers Newark Campus, and Saint Michael’s Medical Center (less than 0.5 miles)
    (516) 874-8070
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    355 Broad St Newark, NJ 07104
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    Newark, NJ 07104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    355 Broad St Newark, NJ 07104
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