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About This Home
This land at 238 Roseville Ave in Newark City, NJ is listed for $950,000 (0.25 acres).
Developers and investors need look no further for their next exciting project. This commercial lot is zoned with density to develop up to 32 units making this a must-see for anyone wanting to capitalize on a large lot, a central location and endless future potential.
This prime development opportunity is perfectly positioned to offer a sought-after residential address for future residents. It is only a 6-minute walk to the Park Avenue Newark Light Rail Station that takes you directly to Newark Penn Station and then onto NYC and Branch Brook Park.
Bravo Supermarket is only steps from the lot and shopping, dining and entertainment is all within easy reach to ensure a life of convenience.The neighboring lot already offers a 32-unit development but 238-240 Roseville Avenue is larger and has higher top-of-the-market rental comparisons, making this an opportunity not to be missed. Whether you look to create a luxurious modern development or something else of your choosing, this is a rare chance to bring your dreams to life. More photos and survey available by request.
Key Features
- 0.25 acre lot
Location
238 Roseville Ave
Newark City, NJ 07107-1621
Questions & Answers
This 0-bedroom, 0-bathroom land at 238 Roseville Ave is listed at $950,000. The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.
Key features include: 0.25 acre lot.
This property is listed by JOHNATHAN WELLINGTON and can be reached at 8662016210 or NJ.Broker@eXpRealty.net.
