66-70 Broad St
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66-70 Broad St
28,854 SF Office Building Elizabeth, NJ 07201 $5,457,180 CAD ($189 CAD/SF)
Executive Summary
Rare opportunity to purchase a +/-1.19 acre property with +/-67 parking spaces on Broad Street in the heart of
Downtown Elizabeth including a 4-story existing bank building
• Parking lot access from 2 side streets – East Jersey Street and Caldwell Place
• 2 blocks from the Elizabeth New Jersey Transit train station
• Property will be deed restricted for 2 years against any financial institution
• Delivered free and clear of any tenancies – Subject building has entrances from Broad Street and rear parking lot
• Zones and Tax Credit Market Eligibility:
- Opportunity
- Transit Village
- Urban Enterprise (UEZ)
- New Market Tax Credit
- Neighborhood Revitalization
Downtown Elizabeth including a 4-story existing bank building
• Parking lot access from 2 side streets – East Jersey Street and Caldwell Place
• 2 blocks from the Elizabeth New Jersey Transit train station
• Property will be deed restricted for 2 years against any financial institution
• Delivered free and clear of any tenancies – Subject building has entrances from Broad Street and rear parking lot
• Zones and Tax Credit Market Eligibility:
- Opportunity
- Transit Village
- Urban Enterprise (UEZ)
- New Market Tax Credit
- Neighborhood Revitalization
Property Facts Under Contract
Sale Type
Owner User
Property Type
Office
Building Size
28,854 SF
Building Class
B
Year Built
1960
Price
$5,457,180 CAD
Price Per SF
$189 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,618 SF
Building FAR
0.56
Lot Size
1.19 AC
Opportunity Zone
Yes
Zoning
C-5 - Commercial
Parking
67 Spaces (2.32 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 04-00006-0000-00046 | Improvements Assessment | $3,869,826 CAD |
| Land Assessment | $583,963 CAD | Total Assessment | $4,453,789 CAD |
PROPERTY TAXES
Parcel Number
04-00006-0000-00046
Land Assessment
$583,963 CAD
Improvements Assessment
$3,869,826 CAD
Total Assessment
$4,453,789 CAD
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66-70 Broad St
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