Mixed-Use Redevelopment
For Sale
Contact for pricing
565 Broad Street, Newark, NJ 07102
Occupied retail on the ground floor with five vacant residential units above at 565 Broad Street, Newark.
Property Size6,000 SF
Days on Market83
Property Features for 565 Broad Street
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Building Details
Building Size
6,000 SF
Stories
4
Listing Agency:
NAI James E. Hanson - Teterboro
Listed By:
Charles Laginestra · License #9034219
(973) 461-1011
Source:
Naihanson
Added: Jun 16
Changed: Sep 6
Last Checked: Sep 6 at 6:17AM
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 NAI James E. Hanson - Teterboro
Investment Insights
Based on property information with market context.
This mixed-use redevelopment building includes occupied ground-floor retail and residential units above. The property’s configuration features an owner-occupied ground-floor retail space, with five vacant residential units on floors two through four.
The asset is located at 565 Broad Street in Newark, positioned along the Broad Street corridor. Public remarks note nearby activity including Hahne & Co. retail and dining, Military Park festivals, and the Prudential Center for sports and concerts, all within blocks.
The building is described as approximately 6,000 SF on a 2,700 SF lot and is currently owner occupied with both retail and residential vacancy as detailed above.
The asset is located at 565 Broad Street in Newark, positioned along the Broad Street corridor. Public remarks note nearby activity including Hahne & Co. retail and dining, Military Park festivals, and the Prudential Center for sports and concerts, all within blocks.
The building is described as approximately 6,000 SF on a 2,700 SF lot and is currently owner occupied with both retail and residential vacancy as detailed above.
Key Highlights
- Mixed‑use redevelopment building at 565 Broad Street, Newark, with 6,000 SF total size on a 2,700 SF lot
- Ground‑floor owner‑occupied retail space; five vacant residential units above (2 units on 2nd, 2 units on 3rd, 1 unit on 4th)
- Retail/ground floor is currently owner occupied, with residential units above currently vacant
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
5,224
Businesses Nearby
Explore this area
Business Placement
Demographics for 07102, NJ
15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Occupied retail on the ground floor with five vacant residential units above at 565 Broad Street, Newark.
Where is this mixed-use property located?
The property is located at 565 Broad Street Newark, NJ.
What are key features of this property?
This property features: Mixed‑use redevelopment building at 565 Broad Street, Newark, with 6,000 SF total size on a 2,700 SF lot; Ground‑floor owner‑occupied retail space; five vacant residential units above (2 units on 2nd, 2 units on 3rd, 1 unit on 4th); Retail/ground floor is currently owner occupied, with residential units above currently vacant
