LOCATION !! LOCATION!! FOREST HILL SECTION! ZONING C-2 COMMERCIAL / RESIDENTIAL. INVESTOR DELIGHT! FROM APARTMENT BUILDING, HOTEL TO WAREHOUSE TO MULTIFAMILIES! 3 LOTS APPROXIMATELY 77X138. TAXES 2,217 TAX ABATEMENT MINIMAL 5YEARS. PLEASE DO YOUR DUE DILIGENCE FOR ANY CONSTRUCTION WITH THE TOWN.
Prime Development Opportunity! Exceptional 75 x 100 vacant lot located in an R-3 zoning district with potential to subdivide into three 25 x 100 lots (subject to municipal approvals). Zoning allows for up to 4-family homes or townhouses, offering strong value for investors and developers. One additional adjacent property is also available, creating the opportunity to assemble two side-by-side 75 x 100 lots, each with potential to subdivide into three lots, for a combined 150 x 100 parcel with significant development potential. Ideally located at the entrance to Route 21 Bridge with easy access to Newark Liberty International Airport, Routes 1 & 9, and just blocks from Newark's Business District, Ironbound Section, and Newark Penn Station. Storage shed will be removed prior to closing and property will be delivered vacant.
Prime Development Opportunity! Exceptional 75 x 100 vacant lot located in an R-3 zoning district with potential to subdivide into three 25 x 100 lots (subject to municipal approvals). Zoning allows for up to 4-family homes or townhouses, offering strong value for investors and developers. One additional adjacent property is also available, creating the opportunity to assemble two side-by-side 75 x 100 lots, each with potential to subdivide into three lots, for a combined 150 x 100 parcel with significant development potential. Ideally located at the entrance to Route 21 Bridge with easy access to Newark Liberty International Airport, Routes 1 & 9, and just blocks from Newark?s Business District, Ironbound Section, and Newark Penn Station. Storage shed will be removed prior to closing and property will be delivered vacant.
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! Compare the price per unit, and confirm this is a Great deal!
Developer's, contractor's, 25 by 77 in The R3 Zone, shovel-ready lot, start building tomorrow, approved and ready for 2 family,
Developers and investors need look no further for their next exciting project. This commercial lot is zoned with density to develop up to 32 units making this a must-see for anyone wanting to capitalize on a large lot, a central location and endless future potential. This prime development opportunity is perfectly positioned to offer a sought-after residential address for future residents. It is only a 6-minute walk to the Park Avenue Newark Light Rail Station that takes you directly to Newark Penn Station and then onto NYC and Branch Brook Park. Bravo Supermarket is only steps from the lot and shopping, dining and entertainment is all within easy reach to ensure a life of convenience.The neighboring lot already offers a 32-unit development but 238-240 Roseville Avenue is larger and has higher top-of-the-market rental comparisons, making this an opportunity not to be missed. Whether you look to create a luxurious modern development or something else of your choosing, this is a rare chance to bring your dreams to life. More photos and survey available by request.
Unparalleled development opportunity awaits in Newark's University Heights. Five contiguous lots at 303 Morris Ave offer shovel-ready approvals for a 27-unit residential building with approximately 5,500 SF of ground-floor commercial space. This rare parcel is surrounded by established apartment communities and academic facilities, delivering strong rental demand and excellent walkability to transit, universities, and downtown Newark. Ideal for developers and investors seeking a shovel ready multifamily + retail project in a high-growth, transit-oriented neighborhood.

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.