New York Ave - Commercial LAND FOR SALE


Newark, NJ 07105- North Ironbound20,909 SF
$5,000,000 USD
609-727-8888
New York Ave, Newark, NJ for Sale
$5,000,000 USD
Commercial LAND - FOR SALE
1/4
20,909 SF

New York Ave
Newark, NJ 07105
North Ironbound


HIGHLIGHTS

  • Shovel-Ready & Entitled project secured all city approvals. Eliminates the often lengthy, complex, and costly entitlement process which can take years
  • Prime Newark Location
  • Transit-Oriented with excellent connectivity to major highways and International Airports.
  • Pre-Approved Architecture Design
  • 70 units with dedicated 75 parking spaces

OVERVIEW

Exceptional opportunity to acquire a fully entitled and approved development site in a prime Newark location. This "shovel-ready" project allows for immediate commencement of construction within months, eliminating lengthy approval processes. The approved plans consist of a 70-unit apartment building with 75 integrated parking spaces. All architectural designs and required city documents are complete and readily available, ensuring a seamless transition to development. Strategic Location Advantages Transit-Centric: Situated just 0.5 miles from Newark Penn Station, offering unparalleled access to NYC and major NJ transit lines—a significant draw for future residents. Superior Accessibility: Only 1.3 miles to I-280, providing excellent connectivity for commuters. International Gateway: A mere 3 miles from Newark Liberty International Airport (EWR), enhancing the property's appeal for professionals and frequent travelers. This offering presents a rare chance to capitalize on Newark's ongoing revitalization and strong demand for modern residential properties. Invest in a pre-approved, high-potential asset in a rapidly appreciating urban market. Act now to secure this turn-key development opportunity. Call 609.727.8888 for more details!

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/ACRE

$10,416,567/AC

PRICE/SF

$239 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Entitled Residential Development Project

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.48 AC

LAND SF

20,909 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Yvonne WangRivive LLCMore Info
609-727-8888

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Yvonne WangRivive LLCMore Info
609-727-8888

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