This exceptional lot offers a unique investment opportunity in a rapidly developing area. Located just minutes from renowned universities, major highways, and convenient public transportation options, it's perfectly positioned for future growth. With increasing demand in the area, the lot is surrounded by new developments and infrastructure improvements, making it a prime candidate for long-term investment. The strategic location ensures easy access to these essential amenities, making it highly attractive for future tenants and residents a-like. Take advantage of this rare opportunity to secure a piece of property in a sought-after area. Don't miss out on the potential of building and investing here as this neighborhood continues to grow!
VACANT LOT build today !! Plans approved and permit fees /water connection fees paid for 2 family Zoned for a 3 family R2 Update permits and Start Building asap! ZONED FOR A 3 Family!! NEW BUYER can update / convert with minimal plan changes from Architect add kitchen ,1 condenser and hot water heater) !!ARV $999,999 for 3 Family with 9 BEDROOMS 5 Bathrooms! LAUNDRY on each level. Vacant lot go and drive by! Invest in Newark while you still can !!! 5 YEAR TAX ABATEMENT when finished.
Investment opportunity in North Newark! Licensed rooming house with 18 units near Branch Brook Park. Grossing $133k/year and 8.4 cap rate. Ideal for steady cash flow and appreciation!
This land is in a prime location, minutes away from downtown Newark, 10-minute drive to Newark Liberty Airport, Newark Penn Station, Newark Motor Vehicle Center and only two blocks to public transportation from Broad Street or Clinton Avenue.
Discover an exceptional development opportunity at 48 Elm Rd in the sought-after Ironbound section of Newark, NJ. This property comes with city-approved plans for transforming the existing commercial office space into a modern boutique three-family residence. The approved plans include a spacious 2,160-square-foot garage on the ground floor, complemented by an additional 365-square-foot outdoor patio area. The second floor features two units: Unit 201, a 2-bedroom, 2-bathroom apartment totaling 845 SF, and Unit 202, another 2-bedroom, 2-bathroom unit with 797 SF. The third floor boasts a luxurious 3-bedroom, 3-bathroom apartment with a den, office, living room, kitchen, and terrace spanning 1,697 SF. Key features of the development include Garage: On-site parking for 3 cars. Elevator: Convenient access from the ground floor to the rooftop. Rooftop Garden Lounge: A deck that can accommodate up to 20 people. High-End Finishes: Hardwood floors, central AC, energy-efficient lighting, and brand-new appliances in each unit. In-unit laundry: Each apartment includes a washer/dryer for added convenience. Private financing for acquisition and construction is available upon request. Whether you build and hold or sell the completed units, this project presents a promising opportunity for significant returns on investment. Located just minutes from Newark Penn Station, with easy access to NY Penn Station, it is a prime choice for developers ready to capitalize on the area's growth.
PROPERTY IS APPROVED FOR A FIVE STORY RESIDENTIAL BUILDING. 22 BEDROOMS, AND 4 ONE BEDROOMS. OPTIONAL PARKING LEVEL BUT NOT REQUIRED. APPROVED PLANS INCLUDED. CLOSE TO LIGHT RAIL TRANSPORTATION AND MAJOR HIGHWAYS. GREAT LOCATION.
Three corner lot for sale altogether are 457, 459 and 461 Washington st. lots 21.22 and 23. roughly 5500 square feet on redevelopment area and able to build 15-21 units including 3-4 commercial spaces on first floor or three townhouse with 2-3 businesses on the bottom. Clear lot and leveled. Tax amount is for the 3 lots combined.
Vacant lot. Owner received the approval to build a 2 family house on this vacant lot. Approved plans are available. Closed to schools, transportation, supermarkets, etc..include in the sale of this lot, approvals from zoning, floor plans & water - sewer connections.
Discover an exceptional investment opportunity in the heart of Newark, NJ. This prime parcel of land offers a wealth of possibilities for investors and builders alike, presenting the perfect canvas for lucrative development projects.
Vacant lot located in the R-2 District, where it permits 1 - 3 family dwellings and townhouses. It also permits conditional low rise multi-family dwellings. There are multi-family buildings in the area. On the opposite corner of the block, there is a 3-story, 16-unit multi-family building that is currently under construction. This property can support a 3 story, 15-unit multi-family building. Close proximity to everything all major public transportation. BUYER MUST UNDERTAKE THE NECESSARY DUE DILIGENCE BEFORE SUBMITTING AN OFFER. THE POTENTIAL TO DEVELOP THE LAND IS WITHIN REACH! View and send offers asap!
Vacant lot located in the R-2 District, where it permits 1 - 3 family dwellings and townhouses. It also permits conditional low rise multi-family dwellings. There are multi-family buildings in the area. On the opposite corner of the block, there is a 3-story, 16-unit multi-family building that is currently under construction. This property can support a 3 story, 15-unit multi-family building. Close proximity to everything all major public transportation. BUYER MUST UNDERTAKE THE NECESSARY DUE DILIGENCE BEFORE SUBMITTING AN OFFER. THE POTENTIAL TO DEVELOP THE LAND IS WITHIN REACH! View and send offers asap!
WELCOME TO THIS FABULOUS EXCITING DISTRICT: LET YOUR DREAMS GO WILD ON THIS SITE! YOU CAN BUILD A TWO-FAMILY HIGH-END RESIDENTIAL HOUSE WITH 3 BEDROOMS, A LIVING ROOM, A DINING ROOM, 1 MASTER BATHROOM, 1 FULL BATHROOM, A KITCHEN IN EACH UNIT, LARGE EXPENSIVE SLIDING DOUBLE DOORS LEADING TO THE PRIVATE BALCONY LOCATED IN THE REAR OF THE BUILDING! HARDWOOD AND MARBLE FLOORS, AND CROWN MOLDING THROUGHOUT THE HOUSE! THE HIGH-END TW0-FAMILY RESIDENTIAL HOUSE HAS TO BE BUILT!!!!!AN INCREDIBLE OPPORTUNITY TO BUILD A NEW RESIDENTIAL 2-FAMILY HOUSE IN A DESIRABLE MARKET. APPROVED NEW ZONING RESOLUTION GIVE THE PERFECT OPPORTUNITY FOR A SEASONED DEVELOPER TO USE THEIR IMAGINATION AND BUILD A MAGNIFICENT DESIGN TO CHANGE THE RESIDENTIAL/COMMERCIAL SPRINGFIELD REVITALIZATION OF THE CITY OF NEWARK! SELLER IS LOOKING FOR A RELATIVE QUICK CLOSING!BUYER TO PERFORM DUE DILIGENCE FOR ANY POSSIBLE USES/ZONING/BUILDING/APPROVALS.
Incredible opportunity to develop within Ironbound's extremely desirable market. Location is only a 4 minute car ride to Penn station or 8 minute bike ride. Transit stations with direct lines to Penn station are also within 1200 feet of the property. The City of Newark plans to build green space (Parks) across from the site. Property is close to major highways and access points near R9, I95, Harrison and Kearny.
Attention investors/developers - ready to build in prime location? 50 x 100 clear level buildable lot subject to city approvals. Zoned C-2. Buyer is responsible to perform due diligence for use/zoning/city approvals. Well located within close proximity to 78, NJ Turnpike, 1-9 and Newark Liberty International Airport. Also for sale MLS #24006765 - 1530 SF warehouse adjacent to vacant land located at 28-30 Clifton St.
Attention investors/developers - ready to build in prime location? 50 x 100 clear level buildable lot subject to city approvals. Zoned C-2. Buyer is responsible to perform due diligence for use/zoning/city approvals. Well located within close proximity to 78, NJ Turnpike, 1-9 and Newark Liberty International Airport. Also for sale MLS #3889484 - 1530 SF warehouse adjacent to vacant land located at 28-30 Clifton St.
Expansive .82-acre Union Twp plot, eligible for two-unit construction. Perfect canvas for strategic investors eyeing residential growth. Don't miss this golden opportunity!
Vacant lot. Owner received the approvals to build a 2 family house on the property, The lot is approved to BUILD a 2 family. Approved plans are available. Lot is 3,132 sq ft (31.3 by 100). Paid water connection. Close to major transportation to New Jersey Transit and Penn Station.
Vacant lot. Approved for submission Preliminary & Final Site Plan (Nov 2023 ZBA 22-60) to demolish the existing structure and construct a new three family dwelling. Lot size is 2,500 sq ft (25 by 100). The lot is right across from the hospital. Great location and great rental or sale. Close to major transportation to New Jersey Transit and Penn Station.
Welcome to an amazing shovel-ready opportunity for the serious investor! This parcel of land has been approved for a total of 30 units! 27 residential and 3 stores.
Welcome to an amazing shovel ready opportunity for the serious investor! This parcel of land has been approved for a total of 30 units! 27 residential and 3 stores. Permits paid! Water Paid! Compare the price per unit, and confirm this is a Great deal! Contact us with any questions!
Newark is located in New Jersey. Newark, New Jersey has a population of 306,247. Newark is less family-centric than the surrounding county with 22.75% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in Newark, New Jersey is $41,335. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in Newark is 34.7 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.5 inches per year, with 26.1 inches of snow per year.