238 Roseville Ave, Newark City NJ 07107-1621

Property City
Newark City
Property Media
image-4009687-1.jpeg
image-4009687-2.jpeg
image-4009687-1.jpeg
image-4009687-2.jpeg
Property Price
$1,099,000
Tax Annual Amount
$2053
TaxYear (*text)
2024
Lot Size Area
0.25
MLS Status
Active
MLS #
4009687

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.

Yearly Tax Rate
3.803
Days On Market
0
Lot Size Dimensions
50X217.10 AVG.
Property Location

40.759, -74.18951

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Data import from
GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762