Hahne's

609 Broad St., Newark, New Jersey 07102

Contact Hahne's

The former Hahne and Co flagship department store building was restored and redeveloped into a vibrant mixed-use, mixed-income development in the heart of downtown Newark, New Jersey. The timing of this restoration coordinated well with the rise of Prudential Insurance’s new 20-story office building and the City’s restoration of Military Park, both located across the street from the project. With Rutgers University, the New Jersey Institute of Technology, the New Jersey Performing Arts Center and the New Jersey Historical Society located steps away from the project – the Hahne’s project connects the various important corridors of Downtown Newark and provides unprecedented quality new housing, retail and commercial opportunities to the community.

The residential portion includes 160 units of both affordable and market-rate apartments and a parking garage. Opened in 2016, the building is also home to a diverse group of retailers including Express Newark, Rutgers University-Newark arts and cultural incubator, a Barnes and Noble bookstore, Newark’s first Whole Foods Market, Coolvines wine store, Marcus BP restaurant, and the Industrial Bank.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	From $641
One Bedroom (1/1)	-	From $686
Two Bedroom (2/1)	-	From $824
Three Bedroom (3/1)	-	From $1,428

Eligibility for Hahne's

Hahne's Details

160 studio, one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Fitness Center
Bicycle Storage
Smoke Free
Game Room
Package Lockers
On-Site Grocery

Unit Amenities

Hardwood Floors
Washer and Dryer Included
Stainless Steel Appliances

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.