For sale For Sale

Rare opportunity to develop a high-density mixed-use project in Newark’s Ironbound, less than a 5-minute walk to Penn Station and the Prudential Center.

Positioned in the heart of Newark’s highly sought-after Ironbound district, this exceptional commercial property presents a prime opportunity for ground-up development or redevelopment into a modern, transit-oriented mixed-use asset.

Located less than a 5-minute walk to Newark Penn Station, the site offers unmatched connectivity with direct access to NYC via NJ Transit, PATH, and Amtrak—making it highly desirable for commuters and urban residents.

The property is also just a 5-minute walk to Prudential Center, a premier sports and entertainment venue generating consistent year-round foot traffic, ideal for activating ground-floor retail and restaurant space.

Zoned MX-3 (Mixed-Use High Intensity), the site allows for higher-density residential development with ground-floor commercial, making it ideally suited for a multi-story apartment building with retail frontage. This designation supports strong demand for walkable, transit-oriented living in one of Newark’s most dynamic and supply-constrained submarkets.

The property also benefits from immediate access to major transportation routes including Interstate 95 (NJ Turnpike), Route 1&9, and I-78, ensuring seamless regional connectivity.