ADDRESS
62 E Park Place
Morristown, NJ 07960
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$777,000
39 Days On Site
390 N 5Th StNewark City, NJ 07107
For Sale|Land|Active
County:
Essex
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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.
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Listing Snapshot
Price
$777,000
Days On Site
39 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.17 Acres
Year Built
N/A
MLS® Number
3976057
Status
Active
Property Tax
$4,757
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
General Features
Acres
0.17
Zoning
Residential Condominium/Townhouse, Residential Multi-Family
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Listing courtesy of 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. 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 information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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. 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 information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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