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Property profile

54 Broadway Newark, NJ 07104

FOR SALE
Industrial properties
Property ID
US59-0489597
0.16 ac lot
Last sale Mar 2017 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 40,000-square-foot industrial property at 54 Broadway in Newark, New Jersey, presents a compelling investment opportunity. Currently vacant, this Class C, one-building flex space sits on a 15,289-square-foot lot and features a freight elevator. Its prime location offers significant redevelopment potential. The four-story structure is situated in a C-2 zone, eliminating the need for parking. Its proximity to Broad Street Station makes it ideal for transit-oriented…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$27k
Tax billed · 2022
Assessed value · 2023$1.19M
Assessed land$124k
Assessed improvement$1.06M
Effective rate2.26%

Value estimate

· Oct 2026
$600k
$540k – $660k
AI approach$600k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$226/SF
County average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$153 – $444

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic8.6
Tanning Salon8.2
Assisted Living Facility7.9

Location

54 Broadway Newark, NJ 07104
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Mt Pleasant, Newark, NJ 07104-3722 $1,100,000 Jan 2025 No data
926 Broadway, Newark, NJ 07104-4402 $5,500,000 Aug 2024 No data
196 Mt Pleasant, Newark, NJ 07104-3815 $4,245,260 Apr 2024 No data
245-249 Verona, Newark, NJ 07104-2400 $879,000 Feb 2024 No data
230-232 Verona, Newark, NJ 07104-2424 $770,000 Jan 2024 No data
52-56 Elwood, Newark, NJ 07104-4218 $950,000 Dec 2023 899 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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