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  • $880,000

    67 Broadway UNIT 999, Newark City, NJ 07104

    --beds
    9999baths
    999sqft
    : 
    Apartment
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $881/sqft
    $-- HOA

    What's special

    Prime investment opportunity in the heart of Newark! This mixed-use property features a fully rented commercial space on the 1st floor, generating $2,570/month with a 10-year lease and a 3% annual increase, ensuring long-term income stability.The 2nd-floor apartment is a spacious 4-bedroom, 1-bath unit, currently vacant and listed for $2,700/month, offering immediate rental potential at market value.The 3rd-floor unit is a 3-bedroom, 1-bath apartment, currently rented at $2,000/month, well below market value presenting a fantastic opportunity for future rent increases.The roof is one year old and has new electrical wiring.Located in a high-traffic area with excellent visibility, this property offers strong rental demand and upside potential. Don't miss out on this exceptional investment schedule your showing today!
    36 days
    on Zillow
    |
    43
    |
    4
    |

    Zillow last checked: 18 hours ago

    Listing updated: March 26, 2025 at 12:55pm

    Listed by:

    Albertina Goncalves 908-558-2727,

    Re/Max In Action

    Source: GSMLS,MLS#: 3952913MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 67 Broadway UNIT 999.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 9999
    Heating
    • 3 Units, Natural Gas
    Cooling
    • None
    Features
    • Flooring: Laminate, Tile
    • Doors: Max Door Height: 0
    • Basement: None
    Interior area
    • Total structure area: 999
    • Total interior livable area: 999 sqft

    Property

    Parking
    • Parking features: None, On-Street Parking
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 1,742.4 Square Feet
    • Dimensions: 25 x 75
    • Features: Business District
    Details
    • Parcel number: 1614004490000000620000
    • Zoning description: Commercial
    • Other equipment: Appliances

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Wood
    • Roof: Flat
    Condition
    • Year built: 1900

    Utilities & green energy

    • Gas: Gas In Street, Gas-Natural
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Gas In Street, Natural Gas Connected, Cable Connected, Cable Available, Garbage Included

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $881/sqft
    • Tax assessed value: $341,400
    • Annual tax amount: $12,983
    • Date on market: 3/25/2025
    • Inclusions: Building & Land
    • Ownership type: Fee Simple
    • Tenant pays: All Utilities
    • Electric utility on property: Yes
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