297 16th Ave | Newark, NJ 07103
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- LoopNet Team
297 16th Ave
Newark, NJ 07103
Newark Development Site · Land For Sale
·
0.33 AC
INVESTMENT HIGHLIGHTS
- West Ward Redevelopment Zone
- Possible opportunity to add neighboring properties
- Multiple access points
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.33 AC |
| Zoning | RDV - RDV - West Ward Redevelopment Zone | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.33 AC |
| Zoning | RDV - RDV - West Ward Redevelopment Zone |
DESCRIPTION
Located within Newark’s defined West Ward Redevelopment Plan, this 14,223sq ft development site spans four lots with multiple access points and offers direct access to a pre-established density allowance—making it one of the few infill opportunities in the neighborhood with clarity on what can be built. Site currently consists of 3 vacant lots and one lot with commercial building.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $153,800 | |
| Land Assessment | $126,200 | Total Assessment | $280,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$126,200
Improvements Assessment
$153,800
Total Assessment
$280,000
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