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Portfolio of 5 Lots 5 Land Properties in Newark, NJ
Investment Highlights
- ±19,567 SF / ±0.45 Acres | Five Contiguous Lots | ±120,000 SF Development Potential
- Potential for Residential / Mixed-Use / Structured Parking / Retail
- Available Individually or as Part of a Combined Assemblage
- Prominent Broad Street Frontage | Approx 160 feet on Broad Street
- Approximately 5 minutes from Newark Liberty International Airport and Port Newark
- Combined Opportunity: ±39,774 SF / ±0.91 Acres | Combined Existing + Development Potential: ±180,000 SF
Executive Summary
1146-1156 Broad Street are Five contiguous development lots totaling approximately ±19,567 SF / ±0.45 acres, offering approximately ±120,000 SF of development potential, subject to zoning and applicable approvals. The site benefits from significant frontage and provides flexibility for residential, mixed-use, structured parking, retail or other ground-up development strategies. Approximately 5 minutes from Newark Liberty International Airport and Port Newark.
The property may be acquired independently or combined with the adjacent ±60,000 SF existing building at 98–104 Murray Street, situated on approximately ±20,207 SF of land, creating a combined ±39,774 SF / ±0.91-acre assemblage with approximately ±180,000 SF of combined existing and development potential.
The property may be acquired independently or combined with the adjacent ±60,000 SF existing building at 98–104 Murray Street, situated on approximately ±20,207 SF of land, creating a combined ±39,774 SF / ±0.91-acre assemblage with approximately ±180,000 SF of combined existing and development potential.
Property Facts
| Sale Condition | Redevelopment Project | Number of Properties | 5 |
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 0.45 AC |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Land Area | 0.45 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 1154-1156 Broad St, Newark, NJ 07114 | Land | 0.14 AC | - |
| 1150-1152 Broad St, Newark, NJ 07114 | Land | 0.14 AC | - |
| 1148 Broad St, Newark, NJ 07114 | Land | 0.06 AC | - |
|
Lot 28
1146 Mayor Gibson St, Newark, NJ 07114 |
Land | 0.05 AC | - |
|
Lot 29
1146 Broad St, Newark, NJ 07114 |
Land | 0.05 AC | - |
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Portfolio of 5 Lots