Properties

Description

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.

Features

  • Lot Description: Level Lot
  • Tax Assessed Valuation: 47900

Appliances

  • Internet

Additional Info

  • Office Name: REALTY ONE GROUP LEGEND
  • Office MLS ID: 189003
  • Agent ID: 397184
  • Tax: 1915
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: c2 Commercial

Lots And Land For Sale

For Sale
$400,000

496 Orange St, Newark City, *

  • SQFT 25 Acre

Details

  • Property Type: Lots And Land
  • Listing Type: For Sale
  • Listing ID: 5416784
  • Price: $400,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 92

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Orange St
  • Street Number: 496
  • Street Direction: from Roseville ave to Orange st.
  • Floor Number: 0
  • Longitude: W75° 48' 31.6''
  • Latitude: N40° 45' 12.9''
  • Internet Display Address: No
Property