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390 N 5Th St, Newark, NJ 07107 (MLS # 3976057)

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PRICE $777,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 7,406 sqft

Prime Development Opportunity " Approved for 24-Unit Garden Apartment Complex North Newark. Unlock the potential of this development site in the heart of North Newark, featuring approved zoning resolution for a 5-story, 24-unit garden apartment building. The proposed design includes a mix of 1-bedroom and 2-bedroom units across the 2nd to 5th floors, offering ideal layouts for urban renters. An optional underground parking garage is part of the approved concept, providing added value and flexibility for future residents. Perfectly situated just minutes from the Newark Light Rail, major highways, and public transportation, this location offers unbeatable accessibility and convenience for commuters and city dwellers alike. Please note: Approved architectural plans and permits will not be provided. The sale includes the land and the City of Newark's zoning resolution approval only. Proposed site plans available upon request.

DAYS ON MARKET 1 LAST UPDATED 7/17/2025
YEAR BUILT 0 COMMUNITY Newark
COUNTY Essex STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA Newark
LOT 7405 sq ft
TAXES 4757
ZONING Residential Condominium/Townhouse, Residential Multi-Family
MORTGAGE CALCULATOR
   

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Listed with 3SIXTY REALTY LLC
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This IDX solution is (c) Diverse Solutions 2025.

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