698-700 Dr Martin Luther King Blvd, Newark, NJ 07102

Discover the potential of this historic mansion located in the heart of Newark. Situated amidst a vibrant neighborhood undergoing significant redevelopment, this property is surrounded by other revitalization projects reshaping the area. Formerly approved for 15 residential units in 2019, this property offers a unique opportunity for redevelopment. Sold as is, with the buyer responsible for resolution renewal, this expansive estate presents endless possibilities. Notably, previous approvals did not include parking provisions. Ideal for investors seeking to capitalize on the evolving landscape, this property is strategically positioned near public transportation, Newark University, and downtown Newark. Embrace the chance to reimagine and revitalize this iconic landmark in a burgeoning urban environment.