390 N 5Th St, Newark City, NJ 07107

Land
Built in ——
7,405sqft lot
—— car garage
$——/sqft
Listed 2 months ago

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.

Listing Status:: Active
Listing Office:: 3SIXTY REALTY LLC : 973-969-3363
MLS ID:: 3976057

County: Essex

Zoning: 1614-01949-0000-00027-0000-

This listing courtesy of 3SIXTY REALTY LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Dr. WIlliam Horton Elementary School

291 N 7th St, Newark, NJ, 07107

Grades KG-8

0.16 miles away

Dr. WIlliam Horton Elementary School

291 N 7th St, Newark, NJ, 07107

Grades KG-8

0.16 miles away

Barringer High School

90 Parker St, Newark, NJ, 07104

Grades 9-12

0.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.