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Listed by Danielle Zabala • Jack Pedersen Realty • (917) 528-2746
$ 2,799,000
Est. payment | /mo
$ 2,799,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24028273
Annual Tax Amount $21,022
Property Description
Attention Builders and Investors. Don't miss this opportunity to develop in Newark's sought-after North Ward, adjacent to historic Branch Brook Park. This C-2 Commercial Community zoned property spans approx. 12,501 sq.ft. over two expansive lots, offering versatile building possibilities. The thriving neighborhood is ideal for commercial or mixed-use development, with garage parking and high bulk zoning. Just a 4-7 minute walk to Silver Lake and Branch Brook Park Light Rail stations, with direct access to NYC Penn Station. Close to Newark Liberty Int'l Airport, major highways, and a short walk to Branch Brook Park's Cherry Blossom Festival, tennis courts, and more. Steps from Marshall's, Stop & Shop, Starbucks, and other popular spots. This is a prime location with significant foot traffic and excellent transportation links. Turn this property into a key anchor in Newark's vibrant North Ward. Schedule a tour and explore the potential of this lucrative investment.
Location
State NJ
County Essex
Area Newark
Interior
Heating Central Air, Gas, Multi-Zone
Exterior
Utilities Available Sep Elec, Sep Gas, Sep Heat, Sep Water
Waterfront Description None
Others
Ownership Corporate

NEARBY SCHOOL & BUSINESS
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