564 Broadway, Newark, NJ 07104 - Photo 1

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$865,000

For Sale
Active
Multi-Family
7 Total Beds

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Property Description

GREAT INVESTMENT OPPORTUNITY!! WELL MAINTAINED/ GOOD CONDITION FOUR FAMILY LOCATED IN THE CENTER OF NORTH NEWARK. Fully occupied and generating $5,575/month in rental income. Low property taxes make this an excellent investment opportunity. Units feature hardwood floors, high ceilings, a Huge living room/dining room, and are in good condition. Owner pays heat for Units 2,3, and 4 (avg. $200/month). Unit 1 has central A/C installed less than 5 years ago. Annual insurance $4,300. Strong cash flow with stable tenants in place. Convenient location near schools, shops, and transportation.

Full Property Details

Full Property Details for 564 Broadway

General

Price: $865,000
Taxes: $6,515
Status: Active
Type: Multi-Family
Source: NJMLS
MLS ID: 25032853
Updated: 9/12/2025
Added to Site: 126 day(s) ago

Interior

Number of Rooms: 17

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 7

Other Rooms

Laundry: None

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Other (See Remarks), Sep Elec, Sep Gas

Structural Information

Architectural Style: 4 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $6,515

Listed by Century 21 Semiao & Associates/Kearny (201) 991-1300, Oscar Alban (973) 462-5280

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Listing agent

— 564 Broadway —

Oscar Alban

Century 21 Semiao & Associates/Kearny

(973) 462-5280

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NMLS#: 1598647

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Schools

Schools serving 564 Broadway

School District:Newark City School District

Name	Grades	Distance
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104	PK-4	0.2 mi
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104	K-4	0.4 mi
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104	5-8	0.6 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	0.6 mi
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104	K-4	0.7 mi
New Park School 120 Manchester Place, Newark, NJ 07104	5-8	1.1 mi
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107	5-8	1.1 mi
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104	PK-4	1.2 mi
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107	5-8	1.4 mi

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

Price & Sales History for 564 Broadway Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/12/2025

Listed

$865,000

284.44%

MLS

10/20/2014

Sold

$225,000

—

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 564 Broadway

Year

Property Taxes

Change

Tax Assessment

Change

2024

$6,515

$171,300

—

2023

$6,386

—

$171,300

—

2022

$6,400

—

$171,300

—

2021

$6,396

33%

$171,300

—

2021

$4,822

-24%

$171,300

—

2018

$6,326

-2%

$171,300

—

2019

$6,443

$171,300

—

2017

$6,098

$171,300

—

2016

$5,893

$171,300

—

2015

$5,668

$171,300

—

2014

$5,312

—

$171,300

—

View All

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 564 Broadway

564 Broadway, Newark, NJ 07104 (MLS# 25032853) is a Multi-Family property with units containing 7 bedrooms and 4 full bathrooms. 564 Broadway is currently listed for $865,000 and was received on September 12, 2025. Want to learn more about 564 Broadway? Do you have questions about finding other Multi-Family 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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564 Broadway Newark, NJ 07104