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18-26 New York Ave - Entitled Residential Development Project Lot • Terrain commercial • 0,48 Acres • Newark, NJ 07105
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Shovel-Ready & Entitled project secured all city approvals. Eliminates the often lengthy, complex, and costly entitlement process which can take years
- Transit-Oriented with excellent connectivity to major highways and International Airports.
- 70 units with dedicated 75 parking spaces
- Prime Newark Location
- Pre-Approved Architecture Design
RÉSUMÉ DE L'ANNONCE
This "shovel-ready" project allows for immediate commencement of construction within a couple of months, eliminating lengthy approval processes. Imagine bypassing years of complex city approvals and headaches — we have handled all the heavy lifting. All architectural, civil, and essential city documents are complete and ready for immediate action. What's more, this project comes with a significant advantage: it's exempt from the 20% low-income housing requirement, offering greater flexibility for the new owner’s development vision.
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!
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot
| Taille du lot | 0,48 AC |
| Taille du lot | 0,48 AC |
Shovel-ready 70-unit residential apartment development site. Approved plans, permits, and architectural designs ready. Steps to Newark Penn Station, easy access to I-280 & EWR. Immediate development potential in a prime, high-growth urban location.
DESCRIPTION
Terrain vacant disponible pour le développement résidentiel. Site de développement résidentiel prêt à construire avec 70 unités + 75 stationnements. Plans approuvés, permis et designs architecturaux prêts. À quelques pas de la station Newark Penn, accès facile à l'I-280 et à l'aéroport EWR. Potentiel de développement immédiat dans un emplacement urbain de premier choix en forte croissance.
Impôts fonciers
| Numéro de lot | 14-00916-0000-00049-01 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 1 058 250 $ CAD | Évaluation totale | 1 058 250 $ CAD |
Impôts fonciers
Présenté par
Rivive LLC
18-26 New York Ave - Entitled Residential Development Project
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