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$799000   Price Analysis
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3-5 Ferdinand St
Newark, NJ 07103
Unknown bed 0 bath unknown SqFt ($0/SqFt)
7841SqFt lot.
Listed 2024-06-04
Ⓧ USDA Ineligible
due to property

near Newark

Vacant lot located in the R-2 District

Where it permits 1 - 3 fmily dwellings and townhouses. It also permits conditional low rise multi-family dwellings. There are multi-family buildings in the area. On the opposite corner of the block, there is a 3-story, 16-unit multi-family building that is currently under construction. This property can support a 3 story, 15-unit multi-family building. Close proximity to everything all major public transportation. BUYER MUST UNDERTAKE THE NECESSARY DUE DILIGENCE BEFORE SUBMITTING AN OFFER. THE POTENTIAL TO DEVELOP THE LAN D IS WITHIN REACH!

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Presented by Eyal Levy at
Keller Williams Park Views.


Property MLS #3905625 from GardenState

Lot Description: Corner, Level Lot
Lot Size Acres: 0.18
Number of Lots: 1
Lot Size Square Feet: 7841

Road Surface Type: Blacktop/Asphalt Road

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1864
Source Listing Status: Active
County: Essex
Development Status: Feasibility Study
Directions: Grove St to Ferdinand St
Tax Year: 2023
Source Property Type: Lots and Land
Property Subtype: Vacant/Unimproved
Source System Name: C2C

Listed 2024-06-04
$799000
GardenState

Sewer: Public Sewer in Street
Water Source: Public Water in Street

Full Gospel Christian Academy is a private elementary school located approximately 0.1 miles away.
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Newark Early College High School is a public middle and high school located approximately 0.3 miles away.
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Speedway Academies is a public elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.