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$ 777,000
Est. payment /mo
New
390 N 5Th St Newark City, NJ 07107
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3976057
HOA Y/N No
Annual Tax Amount $4,757
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
Prime Development Opportunity " Approved for 24-Unit Garden Apartment Complex North Newark. Unlock the potential of this development site in the heart of North Newark, featuring approved zoning resolution for a 5-story, 24-unit garden apartment building. The proposed design includes a mix of 1-bedroom and 2-bedroom units across the 2nd to 5th floors, offering ideal layouts for urban renters. An optional underground parking garage is part of the approved concept, providing added value and flexibility for future residents. Perfectly situated just minutes from the Newark Light Rail, major highways, and public transportation, this location offers unbeatable accessibility and convenience for commuters and city dwellers alike. Please note: Approved architectural plans and permits will not be provided. The sale includes the land and the City of Newark's zoning resolution approval only. Proposed site plans available upon request.
Location
State NJ
County Essex
Building
Sewer Public Sewer in Street
Water Public Water in Street
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by 3SIXTY REALTY LLC
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