This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
238-240 Roseville
Newark, NJ 07107
Rare Development Opportunity in Newark · Land For Sale
·
0.25 AC
INVESTMENT HIGHLIGHTS
- Close to transportation, shopping and outdoor fun
- Alongside other multi unit buildings
- Density for up to 32 units
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Commercial | Total Lot Size | 0.25 AC |
| Zoning | R-4 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.25 AC |
| Zoning | R-4 |
DESCRIPTION
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.
PROPERTY TAXES
| Parcel Number | 14-01928-0000-00011 | Improvements Assessment | $0 |
| Land Assessment | $54,000 | Total Assessment | $54,000 |
PROPERTY TAXES
