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3 Ferdinand St,Newark City, NJ 07103-1332 | Wright Home Realty

Call us:

+01-123-4567

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Listing Details

For Vacant Land

3 Ferdinand St,Newark City, NJ 07103-1332

October 9, 2025

Back on Market! Vacant lot located in the R-2 District, where it permits 1 – 3 family 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 LAND IS WITHIN REACH! View and send offers asap!

Location

Lot Description: Corner, Level Lot

Lotsize: 64.4X40

Number of Lots: 1

Home Details

Current Use: Vacant/Unimproved

Acreage: 0.18

Road Surface Description: Blacktop/Asphalt Road

Easement: Unknown

Taxes, Fees & Assessments

Tax Amount: $1,864.00

Tax Year: 2023

Tax Rate: 3.728%

Tax Rate Year: 2023

Land Assessment: $60,000.00

Building Assessment: $60,000.00

Total Assessment: $60,000.00

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