Unpriced
Prime Development Opportunity in University Heights
Details
Property Type Land
Sub Type Commercial, Residential
Acreage 0.400
Vacant land for residential development
Marketing description
Appraised at $7.8 million, unparalleled development opportunity awaits in Newark's vibrant University Common. This rare 0.4-acre commercial parcel is perfectly positioned amidst existing apartments and academic buildings, offering an exceptional chance to develop in a coveted, established collegiate neighborhood.
The site can build for at least 65-foot high apartment building and a basement. The previous structure already largely demolished, paving the way for immediate development. This is a prime chance to capitalize on the high demand for residential units in a university-centric location. Don't miss this unique offering!
Call 609.727.8888 for pricing and more details!
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