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- LoopNet Team
88 Walnut St
Newark, NJ 07102
88-90 Walnut St. Newark NJ · Land For Sale
·
0.05 AC

INVESTMENT HIGHLIGHTS
- 40 Residential Units, including amenities such as a gym, laundry, rooftop lounge, and bike storage.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Commercial | Total Lot Size | 0.05 AC |
| Zoning | Industrial 4B | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.05 AC |
| Zoning | Industrial 4B |
DESCRIPTION
Well-thought-out & planned development project. A mix of (10) one-bedroom apartments and (30) one-bedroom plus den apartments offers a range of options for potential residents. Additionally, including amenities such as a gym, laundry, rooftop lounge, and bike storage can help make the development more attractive to renters. This building has a lot of great features and amenities! The 40 residential units should provide plenty of space for residents, and the inclusion of three parking spaces will likely be helpful in a busy area like Newark. Having a gym and laundry room on-site can be convenient for residents, as it saves them the trouble of having to go elsewhere to use these facilities. The rooftop lounge is also a nice touch, as it provides a common area where residents can socialize and enjoy views of the city. And the bike storage room shows that the building is thinking about sustainable transportation options for its residents. Being located in a prime area of Newark's developing landscape is also a major plus, as it suggests that the building is well-positioned to take advantage of the city's growth and development. All in all, it sounds like a great place to live! This development project could be yours!
LINKS
Listing ID: 27935493
Date on Market: 3/9/2023
Last Updated:
Address: 88 Walnut St, Newark, NJ 07102
The Downtown Newark Land Property at 88 Walnut St, Newark, NJ 07102 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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