#25010594, Eddy Curtinez, Listing Office: A & E Curtinez Realty, LLC
67 Broadway Newark City, NJ 07104
Property details
About 67 Broadway
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!
Highlights
Summary
- MLS Number: 3953067
- Office Name: RE/MAX IN ACTION
- Office Phone: (908) 558-2727
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Last updated on: 4/9/2025, 1:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$880,000
67 Broadway
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Franklin Elementary School
Public District PK-4
0.3 mi
•42 Park Ave
4
Roberto Clemente Elementary School
Public District PK-4
0.6 mi
•257 Summer Ave
5
Washington Elementary School
Public District KG-6
0.6 mi
•80 Belgrove Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,932. Residents of Newark City, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 67 Broadway in Newark City, NJ and zip code 07104 in the South Broadway neighborhood. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $880,000.
The number of listings in Newark City, NJ increased by 25.1% between February and March 2025. While the average time on the market in March 2025 was 95 days, the median list price was $489,068.