764-768 Broad Street, Newark, NJ, USA

The Howard Savings Institution building is a Newark landmark. It is one of New Jersey’s oldest banks, featuring Neoclassical architecture designed by George E. Post, who also built the New York Stock Exchange. Its rich history as the former financial heart of Newark presents a rare opportunity to redevelop the historic site for various uses. 

The 42,669 SF building offers high ceilings and 75 feet of frontage on Broad Street. It is part of Newark’s Living Downtown Redevelopment Plan, which is designated for mixed-use development. It is only a half-mile or 11-minute walk from Newark Penn Station, one mile from North Broad Street Station, and minutes away from Route 21 and 280, providing easy access to New York City. 

The building is surrounded by a robust retail & corporate landscape featuring well-known local/national retailers and corporate headquarters, including FootLocker, Nike Outlet, Whole Foods, Audible, Prudential, Panasonic, JD Sports, Horizon Blue Cross Blue Shield, Snipes, GameStop, and The Prudential Center (Home of the New Jersey Devils). This strategic positioning ensures high visibility and traffic, making it ideal for corporate and commercial development. 

The favorable demographics, high visibility, and increased demand in a new commercial development offer a unique opportunity for an owner, user, or developer to purchase a vacant mixed-use building in a growing market.