499-525 W Market, Newark, NJ 07107

Located directly off of I-280 in central Newark, the 0.85 acres lot at 499-525 W Market St Main Street presents a rare opportunity for either a user who is looking for a congregation space with a capacity of over 300 people or a developer looking to capitalize on one of New Jersey’s most active redevelopment corridors. Spanning nearly one acre, the property is zoned MX-1, which allows or low density housing within a densely populated submarket. A mixed-use or multifamily developer would be able to build roughly between 90-105 apartment units.