Prime Development opportunity in the heart of Newark. This 2505 SQ FT lot is located in a C2 Commercial/Residential Zone, offering allows for up to 8 stories and the possibility to build up to 15 residential units with a commercial space on the ground floor. One of the key advantages of this property is that no parking is required, making it highly attractive for developers looking to maximize the building footprint and unit count. Strategically located on Orange street, with convenient access to major highways, public transportation, universities, hospitals, and ongoing redevelopment project throughout the area. This location continues to experience strong grow and investment, making it an ideal opportunity for a forward thinking development project. Buyer to perform their own diligence with the City Of Newark regarding Zoning, approvals , and development potential.
167 days
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79
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2
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Zillow last checked:
Listing updated:
Listed by:
Barbara Lopez973-289-0901,
Realty One Group Legend
Source: GSMLS,MLS#: 4014231
Facts & features
Property
Lot
Size: 2,613 Square Feet
Dimensions: 25 x 100.2
Features: See Remarks, Level, Business District, Cleared Land - All, Gravel
Topography: Level,See Remarks
Residential vegetation: See Remarks
Details
Additional structures: No Building, See Remarks
Parcel number: 1614018890001000030000
Zoning description: c2 Commercial,Business District, See Remarks