Property Description

Prime development opportunity at 310"312 N 4th St in Newark, NJ featuring a 75x100 (7,500 sq ft) vacant lot currently used for storage and zoned C-2 Commercial, one of the city's most flexible designations allowing mixed-use, multifamily, retail, and commercial development; ideally located directly in front of the Park Ave Light Rail station and just minutes from the Garden State Parkway with heavy daily traffic and strong visibility, this site is perfect for builders and investors looking to capitalize on transit-oriented development and high-demand growth, offering the potential to build up to 6 stories with approximately 20"30 residential units over ground-floor retail, or subdivide to construct three new construction two-family properties for resale or long-term rental income, creating multiple high-ROI exit strategies in a rapidly developing corridor. Buyers to do their own due diligence with the township and city.

Property Features