2
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$950,000
Est. payment /mo
0.25 Acres Lot
Price Dropped by $49K
238 Roseville Ave Newark City, NJ 07107
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4009687
HOA Y/N No
Annual Tax Amount $2,053
Tax Year 2024
Lot Size 10,890 Sqft
Property Description
Developers and investors need look no further for their next exciting project. This commercial lot is zoned with density to develop up to 32 units making this a must-see for anyone wanting to capitalize on a large lot, a central location and endless future potential. This prime development opportunity is perfectly positioned to offer a sought-after residential address for future residents. It is only a 6-minute walk to the Park Avenue Newark Light Rail Station that takes you directly to Newark Penn Station and then onto NYC and Branch Brook Park. Bravo Supermarket is only steps from the lot and shopping, dining and entertainment is all within easy reach to ensure a life of convenience.The neighboring lot already offers a 32-unit development but 238-240 Roseville Avenue is larger and has higher top-of-the-market rental comparisons, making this an opportunity not to be missed. Whether you look to create a luxurious modern development or something else of your choosing, this is a rare chance to bring your dreams to life. More photos and survey available by request.
Location
State NJ
County Essex
Building
Sewer Buyer Pays Hookup
Water Buyer Pays Hook-Up Fee
Others
Senior Community No
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Listed by EXP REALTY, LLC
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