866-868 S Orange Avenue, Newark, NJ

$710,000

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About 866-868 S Orange Avenue

To Be Built: Approved Plan with Resolution provided for a well designed 16 Units Mixed-Use Development totaling 16,028 SF across 4 Floors. The spectacular new development will feature 15 New Apartments and 1 Retail/Commercial Unit. The ground floor will house a Gym, Amenities Room, and a Commercial Retail Space. This new development is located in a prime area of Newark's fast-growing evolutionary and coveted landscape, well-positioned for major redevelopment now and into the near future. A new Central Planning Board application will be required for approval to build up to 26 Residential Units/8 Stories with the recently approved City of Newark Zoning Ordinance. Do not miss this opportunity to be a part of the City of Newark's revitalization with this new development project added to your Portfolio!

Features of 866-868 S Orange Avenue

MLS® # 24004829
Price $710,000
Type Commercial Sale/Lease
Style FREE STD
Status ACTIVE

Community Information

Address 866-868 S Orange Avenue
City Newark
County ESSEX
State NJ
Zip Code 07106

Amenities

Utilities O/SEE RMKS
Is Waterfront Yes
Waterfront NONE

Interior

Heating GAS, O/SEE REMK

Additional Information

Date Listed February 17th, 2024
Foreclosure No
RE / Bank Owned No

Listing Details

AgentSamantha Lamptey
OfficeExodus Real Estate

Listing Map

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