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Multifamily Property with Parking
For Sale
Contact for pricing
Pending

286 Broad Street, Newark, NJ 07104

Eight-bedroom, five-bath property with a finished basement, garage, and additional driveway parking.

Property Size2,586 SF
Days on Market42

Property Features for 286 Broad Street

General Information

Standard status Pending
Size 2,586 SF
Property subtype Multi Family 2-4 Units

Site & Location

Highway Access Yes
Public Transit Yes

Building Details

Year Built 2009
Listing Agency: United Real Estate
Listed By: Hamlet Martinez
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 28 Last Checked: Aug 28 at 8:07PM

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 United Real Estate

Investment Insights

Based on property information with market context.

This multifamily property provides approximately 2,586 sq ft with 8 bedrooms and 5 bathrooms. Built in 2009, the home includes a finished basement, a 1-car garage, and additional parking on the driveway. Unit #1 is currently operated as an Airbnb, adding a short-term rental component to the property’s configuration.

The property is located in Newark’s North Ward near public transportation, schools, shopping, and major highways. Its combination of multiple bedrooms, existing parking, basement space, and an active short-term rental use supports both investment and owner-occupant considerations.

Key Highlights

  • Approximately 2,586 sq ft with 8 bedrooms and 5 bathrooms
  • Built in 2009 with a finished basement
  • Unit #1 currently operated as an Airbnb

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Veterinary Clinic Carpet & Flooring Store Tanning Salon Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,242
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Eight-bedroom, five-bath property with a finished basement, garage, and additional driveway parking.
Where is this multifamily property located?
The property is located at 286 Broad Street Newark, NJ.
What are key features of this property?
This property features: Approximately 2,586 sq ft with 8 bedrooms and 5 bathrooms; Built in 2009 with a finished basement; Unit #1 currently operated as an Airbnb
More about this property
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