1/1

$525,000

For Sale
Under Contract
Retail

1/1

Property Description

BACK ON THE MARKET! Prime Commercial Property in Thriving Newark!Welcome to 57 Broadway, a premier investment opportunity in Newark's bustling business district. This commercial property, situated on a 3,000+ square foot lot, offers exceptional visibility and accessibility, ideal for entrepreneurs and investors alike. Located in a high-traffic area with proximity to major highways and public transportation, 57 Broadway provides a strategic location to capitalize on Newark's growth. The property boasts a strong assessed value and resides in a low-risk flood zone, adding both security and potential to your portfolio. Whether you're seeking a location for your next venture or expanding your commercial investments, this property delivers opportunity and promise in one of New Jersey's most dynamic urban markets. Please note: Property is being sold "AS-IS. Buyer is responsible for CO and Fire. No repair or credits will be given. Inspection is for Info purposes only.

Full Property Details

Full Property Details for 57 Broadway

General

Price: $525,000
Taxes: $14,181 (2024)
Status: Under Contract
Type: Retail
Source: Garden_State
MLS ID: 3983670
Updated: 12/29/2025
Added to Site: 147 day(s) ago

Business

Includes: Building & Land, Equipment

Interior

Flooring: Vinyl-Linoleum

Rooms

Bathrooms

Total Bathrooms: 5
Restrooms: 5

Additional Information

Equipment: Fire Alarm, Fixtures, Intercom, Office Equipment, Restrooms - Public, See Remarks, Smoke Detector, Sprinkler System

Exterior

Color: White

Parking

Parking: None

Location

County: Essex
Driving Directions: Route 21 to Governeur St to Broadway
Location Details: Business District

Heating & Cooling

Cooling Type: Central Air Conditioning, Wall A/C Unit(s)
Heating Type: 2 Units, Forced Hot Air, Radiators - Steam
Heating Fuel: Electric, Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: All Underground, Electric, Natural Gas, Cable TV Available, Fiber Optic Available

Structural Information

Construction: See Remarks
Exterior Const.: Aluminum Siding, Brick, Glass
Basement: Yes
Basement Desc.: Bilco-Style Door, Unfinished
Roof: Flat
Ceiling Height: 10
Door Dimensions: 12
Stories in Building: 3
Square Feet: 6,080
Aprox. Leasable: 4,560 Sq. Ft.
Office: 3,002 Sq. Ft.
Year Built: 1920

Unit Information

1 Bedroom Units: 2

Lot Features

Lot Size (Acres): 0.07
Lot Size: 31.6X95
Permitted Use: Commercial / Mixed-Use
Zoning: C2
Lot Description: Level Lot

Financial Considerations

Price Per Sq. Ft.: $74
Assessment Amount: $372,900
Land Assmt: $81,000
Tax Amount: $14,181
Tax Year: 2024
Pays Utilities: Tenant

Disclosures and Reports

Ownership: Fee Simple
Documents Avail.: See Remarks
APN: 1614-00449-0000-00057-0000-
Block: 449
Lot Number: 57

Buyer's Brokerage Compensation: 2%

Not binding unless confirmed by separate agreement among applicable parties.

Quickly Find Out More

* Indicates a required field

Comment *

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Meet the listing agents

— 57 Broadway —

Luis Davila

Email Me

(201) 780-0498 direct
Deep Patel

Email Me

(201) 403-3618 direct

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 57 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
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104	K-4	0.6 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	0.7 mi
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104	K-4	0.9 mi
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107	5-8	1 mi
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107	5-8	1.2 mi
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104	PK-4	1.5 mi
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104	K-4	1.7 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 57 Broadway Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/25/2025

Listed

$525,000

90.91%

MLS

10/13/2009

Sold

$275,000

—

Public Record

Get Price Alerts and Save Property

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 57 Broadway

Year

Property Taxes

Change

Tax Assessment

Change

2024

$14,181

$372,900

—

2022

$13,932

52%

$372,900

—

2021

$9,176

11%

$372,900

-12%

2021

$8,239

-47%

$424,400

—

2018

$15,673

$424,400

—

2017

$15,109

$424,400

—

2016

$14,599

-9%

$424,400

—

2019

$15,962

14%

$424,400

—

2015

$14,043

12%

$424,400

—

2013

$12,533

—

$424,400

—

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 57 Broadway

57 Broadway, Newark, NJ 07104 (MLS# 3983670) is a Retail property. 57 Broadway is currently listed for $525,000 and was received on August 25, 2025. This property is listed by Luis Davila from our Clifton Office.Want to learn more about 57 Broadway? Do you have questions about finding other Retail real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

Tour this property

57 Broadway Newark, NJ 07104