List Search

521-523 Washington St
Newark, NJ 07102 South Broad Street

Price Upon Request

Apartments For Sale  •  4,838 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,838 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1915
100 Transit Score
90 Walk Score

Highlights

Investors will want to acquire 521 Washington Street, a fully leased and income-producing multifamily building strategically placed in Newark.
Transit-oriented location by NJ Route 21, enjoying access to major roadways US Route 9, Interstates 95, 280, and 78, and the Garden State Parkway.
Positioned along Washington Street in Newark’s South Broad Street neighborhood, just a short walk from Broad, Lafayette, and Market Streets.
Fully leased by Patriot First Professional Services Inc, with historic occupancy since 2018 and over seven years remaining on its lease.
Conveniently 1.6 miles from University Hospital and enjoys proximity to Newark’s Central Business District and Newark International Airport.
Within walking distance of Seton Hall Law School, Rutgers University Newark Campus, the New Jersey Institute of Technology, and Essex County College.

Amenities

  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Recycling
  • Smoke Free
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Newark Penn Station (Broad Street Station - Newark Penn Station - Newark Light Rail (Newark Light Rail), Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 3 min - 1.3 mi
Newark Penn Station (Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 4 min - 1.4 mi
Transit/SubwayDriveWalkDistance
Washington Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail)) 2 min 18 min 0.9 mi
Military Park (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Newark Liberty International 8 min - 4.6 mi
LaGuardia 42 min - 23.8 mi
John F Kennedy International 51 min - 32.0 mi
Michael Lombardi 732-232-4351 Horvath & Tremblay
Michael Lombardi 732-232-4351 Horvath & Tremblay