$400,000

496 Orange St, Newark City, NJ 07107

Land
Built in ——
2,614sqft lot
—— car garage
$——/sqft
Listed 13 days ago

Property Description

Prime Development opportunity in the heart of Newark. This 2505 SQ FT lot is located in a C2 Commercial/Residential Zone, offering allows for up to 8 stories and the possibility to build up to 15 residential units with a commercial space on the ground floor. One of the key advantages of this property is that no parking is required, making it highly attractive for developers looking to maximize the building footprint and unit count. Strategically located on Orange street, with convenient access to major highways, public transportation, universities, hospitals, and ongoing redevelopment project throughout the area. This location continues to experience strong grow and investment, making it an ideal opportunity for a forward thinking development project. Buyer to perform their own diligence with the City Of Newark regarding Zoning, approvals , and development potential.

Listing Status:: Active
Data Last Updated:: March 25, 2026 at 12:40AM
Listing Office:: REALTY ONE GROUP LEGEND : 973-686-7777
MLS ID:: 4014231

County: Essex

Zoning: c2 Commercial1614-01889-0001-00003-0000-

This listing courtesy of REALTY ONE GROUP LEGEND

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Dr. Alma Flagg Elementary School

150 3rd Ave, Newark, NJ, 07104

Grades KG-8

0.21 miles away

Dr. Alma Flagg Elementary School

150 3rd Ave, Newark, NJ, 07104

Grades KG-8

0.21 miles away

Barringer High School

90 Parker St, Newark, NJ, 07104

Grades 9-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.