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School Street St - Apartment Development Project 0.4 Acres of Commercial Land in Newark, NJ 07103
INVESTMENT HIGHLIGHTS
- Prime University Common Location, surrounded by academic institutions and existing residential developments, ensuring high demand and desirability.
- Rare Development Opportunity in such a coveted and established collegiate neighborhood.
- The site can build substantial 65-foot apartment structure, offering significant development potential for high-density residential units.
EXECUTIVE SUMMARY
Unparalleled development opportunity awaits in Newark's vibrant University Height. This rare 17,673 SF commercial parcel is perfectly positioned amidst existing apartments and academic buildings, offering an exceptional chance to develop in a coveted, established collegiate neighborhood.
The site can build for at least 65-foot high apartment building. The previous structure already largely demolished, paving the way for immediate development. This is a prime chance to capitalize on the high demand for residential units in a university-centric location. Don't miss this unique offering!
Call 609.727.8888 for more details!
The site can build for at least 65-foot high apartment building. The previous structure already largely demolished, paving the way for immediate development. This is a prime chance to capitalize on the high demand for residential units in a university-centric location. Don't miss this unique offering!
Call 609.727.8888 for more details!
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.40 AC |
| Property Type | Land | No. Stories | 4 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.40 AC |
| No. Stories | 4 |
1 LOT AVAILABLE
Lot
| Lot Size | 0.40 AC |
| Lot Size | 0.40 AC |
17,673 SF Mixed-Use Multi-Family Development Site in University Height. Ideal for minimum 65-feet, 6-story building. Ready for your vision.
DESCRIPTION
Vacant land for residential development. Former 5 floor 65 feet building. It was largely demolished recently.
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Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (87)
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Presented by
Rivive LLC
School Street St - Apartment Development Project
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