Description
BUILDERS AND DEVELOPERS Excellent opportunity for small developers, builders, and investors in Newark! 5 Farley Ave presents strong potential for future development, investment, or land banking. This property is ideally suited for buyers looking to create value in a growing urban market with continued redevelopment activity. Conveniently located near major roadways, public transportation, schools, shopping, and local amenities, this property offers accessibility and long-term upside for the right investor or developer. Buyers are responsible for conducting their own due diligence regarding zoning, permitted use, approvals, variances, utilities, and development potential. Property is being sold strictly AS-IS. Seller makes no representations or warranties. Buyer is responsible for all inspections, certifications, municipal requirements, and any approvals required by the City of Newark. Investor and developer alert - bring your vision and explore the possibilities at 5 Farley Ave!
Details
| MLS # | NJES2000344 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 94 |
| Listing Provided By | Century 21 Alliance-Cherry Hilll | Valerie Jones |
Features
| Zoning | R1 |
|---|---|
| Acreage | 0.09 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 488 |
|---|
Area Information
| State | NJ |
|---|---|
| County | ESSEX NJ |
| City | NEWARK |
| Zip Code | 07108 |
| Area | Newark City (20714) |
| School District | NEWARK PUBLIC SCHOOLS |
| Listing VS Median (in 07108) | |
Price: $185,000 low | high Med: $0 On site: 94 low | high Med: | |
Market Activity 07108
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Learn More About This Property
| State | NJ |
|---|---|
| County | ESSEX NJ |
| City | NEWARK |
| Zip Code | 07108 |
| Area | Newark City (20714) |
| School District | NEWARK PUBLIC SCHOOLS |
| Listing VS Median (in 07108) | |
Price: $185,000 low | high Med: $0 On site: 94 low | high Med: | |
CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but is not guaranteed accurate.
