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Four-Story Warehouse with Freight Elevator
For Sale
Contact for pricing

54 Broadway & 68-72 Webster St, Newark, NJ 07104

Currently occupied by a furniture wholesaler and retailer at a signalized intersection.

Property Size38,000 SF
Lot Size0.35 Acres
Days on Market140

Property Features for 54 Broadway & 68-72 Webster St

General Information

Standard status Active
Size 38,000 SF
Lot size 0.35 Acres
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Asking Price $4,000,000

Amenities

freight elevator

Building Details

Buildings 1
Stories 4
Building Size 38,000 SF
Listing Agency: Lee & Associates | New Jersey - Elmwood Park Office
Listed By: Tarang Ramani · License #NJ 1867510
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:50PM

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 Lee & Associates | New Jersey - Elmwood Park Office

Investment Insights

Based on property information with market context.

This four-story warehouse property contains approximately 38,000 square feet on a 0.35-acre site. A centrally positioned freight elevator serves the building, and the floors offer ample ceiling height for commercial and industrial operations. The property is currently occupied by a furniture wholesaler and retailer.

The asset stands at the signalized intersection of Broadway and Crane Street in Newark, New Jersey. Access to I-95, I-280, Route 21, and Route 3 supports regional connectivity, while Broad Street Train Station provides commuter rail access nearby. The building’s location within New Jersey’s largest city places it in a densely populated urban market.

Key Highlights

  • Approximately 38,000 +/- square feet across 4 stories
  • 0.35‑acre commercial/industrial site in Newark, NJ
  • Centrally located freight elevator serves all floors

Property Analytics

Current Use

Warehouses

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,983
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Currently occupied by a furniture wholesaler and retailer at a signalized intersection.
Where is this warehouse located?
The property is located at 54 Broadway & 68-72 Webster St Newark, NJ.
What are key features of this property?
This property features: Approximately 38,000 +/- square feet across 4 stories; 0.35‑acre commercial/industrial site in Newark, NJ; Centrally located freight elevator serves all floors
More about this property
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