CBRE, Inc. has been retained as the exclusive advisor for the sale of a 23-unit gut renovated apartment building featuring 4,014± SF of commercial space positioned 20 minutes from Manhattan in Newark, New Jersey. Located at 536-540 Central Ave (“Property’), the asset is within 1.5± miles from one another and just steps from Newark’s vibrant downtown which is undergoing a renaissance driven by renewed commitments f rom Prudential, Rutgers, New Jersey Institute of Technology (NJIT), Mars, PSEG, Panasonic, Audible by Amazon, among many others. The Property offers an investor a unique opportunity to acquire a gut renovated building with strong stabilized yield and upside potential in a dynamic, transit-oriented rental market.