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Property Description

Authentic Dominican restaurant located in a high-foot- traffic area of Newark. Well -established in a diverse, vibrant community with excellent visibility and strong customer potential.

Full Property Details

Full Property Details for 55 Broadway

General

Price: $180,000
Status: Active
Type: Business
Source: Garden_State
MLS ID: 4043371
Updated: 7/28/2026
Added to Site: 1 day(s) ago

Business

Name: Rapin Fritura Restur
Business Type: General Service
Business Sub-Type: General Service

Rental Information

Lease Info: 3-5 Years, Seller Does Not Own Building

Rooms

Bathrooms

Restrooms: 1

Parking

Garage Description: None, On-Street Parking

Location

County: Essex
Driving Directions: Bloomfield to Broadway

Heating & Cooling

Cooling Type: 1 Unit, Central Air Conditioning
Heating Type: 1 Unit, Forced Hot Air
Heating Fuel: Electric, Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: All Underground, Electric

Structural Information

Square Feet: 1,500
Aprox. Leasable: 1,500 Sq. Ft.

Lot Features

Frontage: City/Town Street
Driveway/Sidewalk: On-Street Parking
Zoning: Business

Financial Considerations

Lease Price Per Mth: $2,350
Operating Expenses: $60,000

Disclosures and Reports

Ownership: Sole Proprietorship
Documents Avail.: Leases
APN: 1614-00449-0000-00056-0000-

Listed by Douglass James Premier Properties

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— 55 Broadway —

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973-457-4444

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Schools

Schools serving 55 Broadway

School District:Newark City School District

Name	Grades	Distance
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104	PK-4	0.3 mi
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104	K-4	0.4 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	0.7 mi
Technology High School 223 Broadway, Newark, NJ 07102	9-12	0.4 mi
Barringer High School 90 Parker Street, Newark, NJ 07104	9-12	0.5 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	1.9 mi
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104	K-4	0.9 mi
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107	K-4	1 mi
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107	5-8	1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 55 Broadway Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/28/2026

Listed

$180,000

-34.55%

MLS

8/02/2004

Sold

$275,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 55 Broadway

Year

Property Taxes

Change

Tax Assessment

Change

2025

$8,150

$203,800

—

2022

$7,614

22%

$203,800

—

2021

$6,243

36%

$203,800

-11%

2021

$4,598

-45%

$227,800

—

2018

$8,413

$227,800

—

2017

$8,110

$227,800

—

2016

$7,836

$227,800

—

2015

$7,538

-12%

$227,800

—

2019

$8,568

27%

$227,800

—

2013

$6,727

—

$227,800

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 55 Broadway

55 Broadway, Newark, NJ 07104 (MLS# 4043371) is a Business property. 55 Broadway is currently listed for $180,000 and was received on July 28, 2026. Want to learn more about 55 Broadway? Do you have questions about finding other Business real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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55 Broadway Newark, NJ 07104