762 S 16Th St, Newark City, NJ 07103
Land 
Built in —— 
2,614sqft lot
—— car garage 
$——/sqft 
Listed 10 days ago
Property Description
Prime opportunity in one of Newark?s fastest-growing neighborhoods, surrounded by ongoing development and rising property values. This lot will be delivered completely shovel-ready?cleared, with flow test completed, and fully approved architectural plans included for a modern 3-family home.The plans feature an impressive layout with 8 bedrooms, 5 full bathrooms, and a 2-car garage, designed for strong rental income and long-term value. Best of all, the project requires no variances, saving you significant time, cost, and uncertainty.With comparable 3-family homes in the area achieving ARVs between $1,000,000 and $1,100,000, this is a compelling opportunity for investors and builders alike. Start building immediately upon closing?no demolition, no delays.
- Listing Status:
- Active
- Data Last Updated:
- April 25, 2026 at 2:40AM
- Listing Office:
- KELLER WILLIAMS PARK VIEWS : 201-939-0050
- MLS ID:
- 4021062
- Zoning: R31614-02635-0000-00041-0000-
This listing courtesy of KELLER WILLIAMS PARK VIEWS
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
South Seventeenth Street Elementary School
619 S 17th St, Newark, NJ, 07103
Grades KG-8
0.37 miles away
South Seventeenth Street Elementary School
619 S 17th St, Newark, NJ, 07103
Grades KG-8
0.37 miles away
University High School
55 Clinton Pl, Newark, NJ, 07108
Grades 7-12
0.53 miles away
