Washington Mutual Heads Downtown

The American Mattress and Furniture Warehouse on the corner of Barrow and Newark Ave is holding a going out of business sale and according the exterior sign soon will be replaced by Washington Mutual’s first downtown branch. Washington Mutual already is in Hoboken and Journal Square. Banks are important to revitalizing retail districts since it allows customers easy access to cash to spend at local stores, and we think this is another sign that Newark Avenue is headed towards higher end retail in the very near future.