273-283 East Kinney Street, Newark
Block 957 Lot 12
We are pleased to present this Development opportunity to purchase an approved, permit ready 96 unit Residential and retail project, consisting of 5 stories 110,853 sq ft with 10,000 sq ft of retail.
The owner will deliver all plans, documents and abatement for a buyer to obtain building permits.
Ninety‐two residential dwelling units are proposed with a unit mix as follows:  studio,  one‐bedroom, &  two‐bedroom.
Located in the Ironbound section of Newark, the most affluent, diverse and the most sought out area in Newark for business and real estate investment. It is home to a diverse economic mix of both heavy and light industry, producing immediate jobs of which residential accommodations near their employers are necessary, which makes Ironbound a constant infrastructure powerhouse.
The geographic location is situated adjacent to the Newark Seaport, Newark Liberty International Airport and Penn Station is a destination and transit point for both products and people entering and leaving the United States. Sitting astride major North/South Highways (Routes 1 & 9 and New Jersey Turnpike) and West/East Highways (Pulaski Skyway to the Holland Tunnel, Route 280 West and East and Route 440 to Jersey City) the Ironbound is a major transportation hub.
- Tax Map Location: Block 957, Lot 12
- Lot Size: 150’ X 192’
- Acreage: .6615
- Zoning: MX‐1 Mixed Used Residential/Commercial