About This Home
This 0-bedroom, 0-bathroom commercial at 496 Orange St in Newark City, NJ is listed for $400,000. on a 0.06 acres lot.
Key Features
- 0.06 acre lot
Prime Development opportunity in the heart of Newark. This 2505 SQ FT lot is located in a C2 Commercial/Residential Zone, offering allows for up to 8 stories and the possibility to build up to 15 residential units with a commercial space on the ground floor.
One of the key advantages of this property is that no parking is required, making it highly attractive for developers looking to maximize the building footprint and unit count. Strategically located on Orange street, with convenient access to major highways, public transportation, universities, hospitals, and ongoing redevelopment project throughout the area.
This location continues to experience strong grow and investment, making it an ideal opportunity for a forward thinking development project. Buyer to perform their own diligence with the City Of Newark regarding Zoning, approvals , and development potential.
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
496 Orange St
Newark City, NJ 07107-2944
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 496 Orange St is listed at $400,000. The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.06 acre lot.
This property is listed by BARBARA LOPEZ and can be reached at (973) 686-7777.
