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33966635
33966634

597 McCarter Highway, Newark, NJ 07102

DF
NJ 1974915
Matthews
BC
NJ 2562455
KA
NJ 2440903
Matthews
Listed by Matthews
Unpriced
2 days on market
Updated 2 days ago
Opportunity zone

597-605 McCarter Hwy

Details
Property Type Retail, Land
Tenancy Single
Acreage 0.530
Zoning Redevelopment Plan Area
Ground Lease No

Rare Newark Opportunity Zone Land — Redevelopment-Ready in the Heart of Downtown

Investment highlights

• Higher Density Potential — Redevelopment zoning allows for increased density and height, maximizing the number of residential units and overall project feasibility.

• Flexible Mixed-Use Opportunities — Encourages integration of residential with retail, office, and community uses to create vibrant, walkable, and sustainable neighborhoods.

• Potential Financial Incentives — Access to PILOT programs, tax abatements, and other municipal incentives that can significantly enhance project economics.

• Streamlined Redevelopment Process — Designated redevelopment areas provide a more predictable entitlement process and greater collaboration with the City of Newark.

Listing Contacts

DF
NJ 1974915
Matthews
BC
NJ 2562455
KA
NJ 2440903
Matthews
Listed by Matthews

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Zoning

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RDV SpecialRedevelopment Zone
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Patrick Forde
License
122887, 2330333 (NJ)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
Name
David Ferber
License
1974915
Name
Brendan Cina
License
2562455
Brokerage Phone
9732227413
Name
Kendra Antoine
License
2440903
Brokerage
Matthews Real Estate Investment Services
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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