695 Broad Street, Newark City, NJ 07102
Essex County
Key Facts
Description
Excellent opportunity to own a well-established Japanese restaurant business in the heart of Downtown Newark's thriving commercial district. Located on highly trafficked Broad Street, one of Newark's busiest and most recognized corridors, Sakura Japan benefits from constant pedestrian and vehicle exposure in a densely populated urban area known for shopping, dining, business, and entertainment. Broad Street serves as the central thoroughfare of Newark and remains a prime destination for commuters, residents, students, and professionals alike.This turnkey business sale includes existing signage, business phone numbers, fixtures, equipment, and furnishings. Positioned on a major main street surrounded by retail, office buildings, transportation, and ongoing redevelopment, this location offers exceptional visibility and strong growth potential for an owner/operator or investor. Rare opportunity to establish or expand your presence in one of Newark's most active commercial hubs.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Living Area
1,200 sq ft
Ownership
Corporation
Days on Market
27
MLS® Listing#
4030112
Property Features
Heating
Parking
Utilities
Sewer
Water Source
Directions
Between Prudential Drive and Cedar St
Affordability Calculator
$26,000
Estimated monthly payment
$692/mo
Principal $104,000 · Est. interest $145,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $613,268
- Median Listing Price
- 49
- Median Days on Market
- 1,371
- Median Sq Ft
- $420
- Median Price / Sq Ft
- 3,223
- Active Listings
- This home’s price is 79% below the area median.
- Its price per sq ft is 74% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
Getting Around
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Team Academy Charter School
School · 0.1 mi away
Kipp New Jersey
School · 0.1 mi away
Americation Career and Training School
School · 0.1 mi away
Newark Public Schools
School · 0.2 mi away
Alif Muhammad's Nia School
School · 0.2 mi away
Famous Bartending School
School · 0.2 mi away
North Star Academy Washington Park High School
Secondary · 0.3 mi away
North Star Academy Downtown Middle School
Elementary · 0.3 mi away
Islamic School of New Jersey
School · 0.3 mi away
Child Study Center at Rutgers
School · 0.3 mi away
Discovery Charter School
Secondary · 0.4 mi away
The Yeshiva of Newark
School · 0.4 mi away
Great Oaks Legacy Charter School
School · 0.4 mi away
St. Benedicts Prep
School · 0.5 mi away
Newark Day Center
School · 0.5 mi away
Paulo Freire Charter School
Secondary · 0.5 mi away
Burnet Street Elementary School
Elementary · 0.5 mi away
Arts High School
Secondary · 0.5 mi away
Gray Charter School
Elementary · 0.5 mi away
Essex County Newark Tech
Secondary · 0.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 3817 Ventnor 1102, Atlantic City, NJ | $92,000 | — | — | 457 |
| 3817 Ventnor Ave #409 409, Atlantic City, NJ | $94,000 | 2 | — | 1,005 |
| 3817 VENTNOR AVENUE 409, ATLANTIC CITY, NJ | $94,000 | 1 | 1 | 1,005 |
| 108 S MONTPELIER 316, ATLANTIC CITY, NJ | $95,000 | — | 1 | 264 |
| 3817 VENTNOR 304, ATLANTIC CITY, NJ | $98,000 | 2 | 2 | 1,021 |
| 3817 Ventnor 304, Atlantic City, NJ | $98,000 | 2 | — | — |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: HOMETIME ESTATES - 7328530003