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67 Broadway, Newark City, NJ 07104

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Listing Type
Multi Family
Listing Status
active
21
Overview
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Commute
Transportation
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$870,000

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Home Details for 67 Broadway
Price
$870,000
Type
Multi Family
Bedrooms
7
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Year Build
1900
Sq. Ft.
2997
Lot Size
0.04
County
Essex
Total Rooms
13
Basement
Unfinished, Walk-Out Access
Tax
$12,983
MLS®️ Listing#
3953067
On exitrealty.com
302 days
Property Description
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 spacious 4-bedroom, 1-bath apartment on the 2nd floor is currently vacant and listed for $2,700/month, offering immediate rental potential at market value. The 3rd-floor 3-bedroom, 1-bath unit is rented at $2,000/month, well below market value, providing a great opportunity for future rent increases.Recent updates include a new roof (1 year old) and upgraded electrical wiring. Located in a high-traffic area with excellent visibility, this property offers strong rental demand and significant upside potential.Perfect for owner-occupants, this multi-family property with commercial space offers a unique opportunity to live and collect rent. FHA financing available with just 3.5% down. Ideal for those looking to invest in their future while generating consistent rental income.Don't miss out on this rare opportunity schedule your showing today!
Property Features
School Information

School Information for 67 Broadway

Elementary School
FRANKLIN
Middle School
TECHNOLOGY
High School
BARRINGER
Listing Courtesy: RE/MAX IN ACTION - 908-558-2727
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
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Market statistics compiled from data from Garden State MLS.
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EXIT GOLDEN REALTY GROUP
50 Midland Ave, Kearny, NJ 07032
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$870,000

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EXIT GOLDEN REALTY GROUP
50 Midland Ave, Kearny, NJ 07032
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