LOT SIZE 0.060 acres
MLS#4021062
STATUS
PROPERTY TYPELand - Multiple
Property Description
Prime opportunity in one of Newark?s fastest-growing neighborhoods, surrounded by ongoing development and rising property values. This lot will be delivered completely shovel-ready?cleared, with flow test completed, and fully approved architectural plans included for a modern 3-family home.The plans feature an impressive layout with 8 bedrooms, 5 full bathrooms, and a 2-car garage, designed for strong rental income and long-term value. Best of all, the project requires no variances, saving you significant time, cost, and uncertainty.With comparable 3-family homes in the area achieving ARVs between $1,000,000 and $1,100,000, this is a compelling opportunity for investors and builders alike. Start building immediately upon closing?no demolition, no delays.
Property Features
Property Type: Land - Multiple
Lot Size: 0.06 Acres
Taxes: $1,255
Feature Descriptions
Days on Site: 1
Easement: No
Lot Dimensions: 0.06 acre(s)
Sewer: Public Sewer in Street
Water: Public Water in Street
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS PARK VIEWS
Agency Contact: (973) 704-3634
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 985.61 per month $778.95 Principal & Interest $104.58 Property Tax $102.08 Homeowner's InsuranceChange Payment Information
762 S 16th St | MLS# 4021062
This land located at 762 S 16th St, Newark, NJ 07103 is currently listed for sale with an asking price of $350,000. The property has approximately 0.06 Acres. Search Newark real estate on www.realtymark.net today.