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$185,000
Est. payment /mo
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision University Heights
MLS Listing ID 3965477
HOA Y/N No
Annual Tax Amount $1,589
Tax Year 2024
Lot Size 2,178 Sqft
Property Description
Welcome to 277 Orange Street, a golden opportunity for savvy investors in Newark's highly coveted University Heights neighborhood! This 2,043 square foot buildable lot is an absolute gem perfectly positioned in a thriving neighborhood teeming with redevelopment and new construction projects. With versatile zoning, this lot gives you the flexibility to create your vision whether it's a single-family home, a multi-family building, or even a commercial property. Imagine the possibilities! Directly to the left of 277 Orange Street, is a stunning 11-bedroom, 6-bathroom multi-family home, valued at $1 million. Further proof of the area's immense profit potential. This goldmine is located just five minutes from the heart of Downtown Newark, Newark Penn Station and all major highways for easy access to NYC and beyond. This is your chance to capitalize on one of the most sought-after areas in Newark, where development is flourishing and the future is bright!
Location
State NJ
County Essex
Interior
Inclusions No Building
Building
Lot Description Level Lot
Sewer See Remarks
Water See Remarks
Others
Senior Community No
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Listed by OM