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260 Broadway

Newark, NJ 07104

 

Office For Sale  •  9,010 Sq Ft

Property Details

  • Property Type Office
  • Total Building Size 9,010 Sq Ft
  • Lot Size 0.2 ac
  • Building Class B
  • Year Built 1960
  • Zoning C-2
67 Transit Score
86 Walk Score

Description

CBRE is pleased to offer for sale the opportunity to purchase a 100% fee-simple interest in 260 Broadway in Newark, New Jersey. The 9,010± square foot former school, which will be delivered vacant, has gated parking and is just three blocks from Route 21. The tax-exempt facility, which operated as a non-profit children’s school and administrative offices, also has a kitchen and laundry facilities. 
Newark has been going through significant revitalization, and this property lends itself well to a development or conversion opportunity. The large, open rooms will make for an easy transformation for any plans the new owner may have for the property.

Highlights

Great location on a major thoroughfare in a neighborhood going through significant revitalization
Densely populated area with 197,058+/- residents within 2 mile radius, and a daytime population of close to 250,000
The building is in good condition and can be easily converted for an alternative use
Excellent development potential in a transforming area
Stable working class surroundings with an average salary of $60,500 within 2 mile radius
Stable working class surroundings with an average salary of $60,500 within 2 mile radius

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Newark Broad Street Commuter Rail (Morris & Essex Morristown Line, Montclair-Boonton Line, Morris & Essex Gladstone Branch) 3 min 17 min 0.9 mi
Newark Penn Station Commuter Rail (Northeast Corridor Line, North Jersey Coast Line, Raritan Valley Line, Grove Street - Newark Penn Station, Broad Street Station - Newark Penn Station) 6 min - 2.0 mi
Transit/SubwayDriveWalkDistance
Bloomfield Avenue Transit Stop (Grove Street - Newark Penn Station) 3 min 17 min 0.9 mi
Riverfront Stadium Transit Stop (Broad Street Station - Newark Penn Station) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Newark Liberty International Airport 11 min - 5.3 mi
John F. Kennedy International Airport 41 min - 29.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Charles Berger 201-712-5846 CBRE, Inc.
Charles Berger 201-712-5846 CBRE, Inc.