This Land Property is no longer advertised on LoopNet.com.

644 Dr Martin Luther King Jr Blvd
Newark, NJ 07102
 Land For Sale · 0.46 AC

Commercial Land Parcels New Jersey Newark 644 Dr Martin Luther King Jr Blvd, Newark, NJ 07102

Investment Highlights

  • Just blocks away from Prudential Center, Penn Station, NJIT, Rutgers Univ, Newark Symphany Hall, Double Tree Hotel.
  • 100FT front paved with all access for city utilities and swerage
  • Opportunity Zone provides investor/developer with tax incentives

Property Facts

Property Type Land Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Community Center
  • Daycare Center
  • Parking Garage
  • Schools
Property Subtype Commercial Total Lot Size 0.46 AC
Zoning R-4 - Multifamily housing up to 4 stories high. Other permitted uses include community residences, garages, ground floor retail, office or services, daycare
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Community Center
  • Daycare Center
  • Parking Garage
  • Schools
Total Lot Size 0.46 AC
Zoning R-4 - Multifamily housing up to 4 stories high. Other permitted uses include community residences, garages, ground floor retail, office or services, daycare

Description

Currently, the lot is occupied by retail building and a parking lot, each generating income for a new buyer while they pursue approvals. The retail space consists of Restaurant/FIsh Market and Convinence Store with 12 Parking on paved front, totoaling 10,000SF + rear 10,290 SF undeveloped land.

 

  • Listing ID: 31187055

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 644 Dr Martin Luther King Jr Blvd, Newark, NJ 07102

The Springfield-Belmont Land Property at 644 Dr Martin Luther King Jr Blvd, Newark, NJ 07102 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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