Wednesday, March 8, 2017

Chase Bank Opening in Newark's Ironbound

Newark, New Jersey: In the years since an international bank closed its Essex County locations, all of those spaces once occupied by the bank have remained unoccupied. Now, a branch of another bank is coming to one of those spaces in Newark's East Ward.

Chase Bank is planning to open a new location at 151 Ferry Street, at the southwest corner of Adams Street, in heart of the Ironbound neighborhood's main business district. The Midtown Manhattan-based company's website does not state when the ribbon will be cut for the new branch, but mentions that it will be open from 9:00am to 5:00pm on weekdays and from 9:00am to 2:00pm on Saturdays. Chase currently has two locations just blocks from each other along Broad Street in Downtown Newark, but neither of them is open on Saturdays.

The space, located on the ground floor of a three-story building below a salon, has been vacant for over five years. It was previously occupied by an HSBC branch, which closed in 2011 when the British company shut down over a dozen regional locations, including all of its Essex County locations. The spaces once occupied by HSBC in Millburn and West Caldwell remain vacant.

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