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597 McCarter Hwy - 597-605 McCarter Hwy 0.53 Acres of Commercial Land in Newark, NJ 07102
Investment Highlights
- Prime location within Newark's fast-growing Broad Street corridor
- Redevelopment zoning allows increased density and height for max unit count
- Prominent frontage along major commercial artery with high visibility
- Walkable access to Newark Penn Station and Broad Street Station
- Access to PILOT programs, tax abatements, and municipal incentives
- Designated Opportunity Zone and Redevelopment Zone with streamlined process
Executive Summary
Broker Of Record
Patrick Forde
Matthews Real Estate Investment Services, Inc
122887, 2330333 (NJ)
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666 (866) 889-0550
Patrick Forde
Matthews Real Estate Investment Services, Inc
122887, 2330333 (NJ)
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666 (866) 889-0550
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.53 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Redevelopment Plan Area | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.53 AC |
| Opportunity Zone |
Yes |
| Zoning | Redevelopment Plan Area |
1 Lot Available
Lot
| Lot Size | 0.53 AC |
| Lot Size | 0.53 AC |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Contacts
-
Brendan Cina -
David Ferber -
Kendra Antoine -
Matthews Real Estate Investment Services
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597 McCarter Hwy - 597-605 McCarter Hwy
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