Listing Details

250 Elm St,Newark City, NJ 07105-2610

  • October 9, 2025

Description

Prime Development Opportunity , Approved for 3-Family Construction in Newark?s Vibrant Ironbound SectionDiscover an exceptional investment opportunity in the heart of Newark?s sought-after Ironbound neighborhood. This flat, build-ready parcel of land offers a rare chance to bring your development vision to life in one of the city?s most dynamic and rapidly growing areas.The property is currently approved for a 3-family residential building, saving you valuable time and resources in the planning process. Its level terrain and convenient dimensions provide an excellent foundation for efficient construction, maximizing the use of space for modern, multi-unit housing.Located in the thriving Ironbound section renowned for its cultural vibrancy, diverse dining scene, and close-knit community, this parcel is just minutes from Downtown Newark, Newark Penn Station, major highways, and Newark Liberty International Airport, offering seamless connectivity for future residents.

Details

Last Updated On: October 9th, 2025 at 11:28 am
Property ID:PT-1699355-AXZR
Offer Type:For Vacant Land
Property Type:Vacant Land
Price: 699,999 $

Additional Details

Location

Lotsize: 35X95
Number of Lots: 1

Home Details

Current Use: Vacant/Unimproved
Acreage: 0.08
Road Surface Description: Public Maintained Road
Easement: No

Taxes, Fees & Assessments

Tax Amount: $2,981.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2024
Land Assessment: $78,400.00
Total Assessment: $78,400.00

Other

Survey: Yes

Statistics

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