67 Broadway | Newark City

$880,000 | 9,999 Baths (9999 Half) | 999 Sq. Ft.

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! GSMLS 3952913

Directions to property: Between Clark St and Broad St

MLS Listing ID: 
GSMLS 3952913
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1900
Living Area: 
999
Construction
Construction Materials: 
Wood
Roof: 
Flat
Energy Information: 
Electric, Gas In Street, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
9,999
Total Half-Bathrooms: 
9,999
Utilities
Information about utilities available on the property.
Heating System: 
3 Units
Heating System Fuel: 
Gas-Natural
Cooling System: 
No Cool
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.04
Lot Size (Dimensions): 
25X75
Waterfront: 
0
Lot Features
Driveway: 
None, On-Street Parking
Parking Type: 
None, On-Street Parking
Public Record
Parcel Number: 
1614-00449-0000-00062-0000-
Lot Number: 
62
Annual Tax: 
$12,983.00
Property Zoning: 
Commercial
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/25/2025
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land
Possession: 
TBA
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX IN ACTION