297 16th Ave - Residential LAND FOR SALE


Newark, NJ 07103- West Side14,222 SF
$700,000 USD
201-400-5344
297 16th Ave, Newark, NJ for Sale
$700,000 USD
Residential LAND - FOR SALE
1/44
14,222 SF

297 16th Ave
Newark, NJ 07103
West Side


HIGHLIGHTS

  • West Ward Redevelopment Zone
  • Multiple access points
  • Possible opportunity to add neighboring properties

OVERVIEW

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. The site’s zoning supports multi-unit residential development at a scale aligned with existing mid-rise projects in the area, and it sits within a short distance of transit, public schools, and West Side Park. Whether you’re seeking to construct a boutique apartment building or unlock additional yield through phased infill, this site offers the entitlements, scale, and location required to move swiftly from acquisition to execution. Addresses included in Sale: 297-303 16th Ave and 547-549 S 18th St Newark NJ

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/ACRE

$2,143,852/AC

PRICE/SF

$49 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Newark Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.33 AC

LAND SF

14,223 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

RDV

APN/PARCEL ID

14-00336-0000-00024,14-00336-0000-00027,14-00336-0000-00028,14-00336-0000-00030

ASK ABOUT THIS PROPERTY

Patrick VarelasRE/MAX SELECTMore Info
201-400-5344

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Patrick VarelasRE/MAX SELECTMore Info
201-400-5344

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.