Property details
28 Jefferson Street, Newark, NJ
Block: 173 Lots: 29,33 and 60
PRE Commercial is pleased to present this Ironbound Development opportunity.
The Owners will consider no contingency offers with an appropriate due diligence period to review the potential Development opportunities.
It is located in the Public Access and redevelopment zone, permitting 5 stories of mixed use development, which may include residential, offices, hotel and commercial. Located in the Ironbound section of Newark's East Side, next to the Riverpark Public access entrance and a 3 block walk to Newark's PENN Station, providing immediate access to NY City's mass transit system.
A development in this particular location will benefit a variety of potential residents from commuters, the Ironbound community of couples and families, employees and residents from the Downtown Newark area. Even with the various New Development projects Newark has going on, this is one of the most significant development opportunities currently available in the largest City in the State of New Jersey.
- Additional Information - Property Brochure
- Up to 5 stories of mixed use, residential, commercial and offices.
- Development for commuters, Ironbound Residents, and downtown Newark Employees.
- Public Access and riverfront redevelopment Plan.
- Most prestigious section of Newark for businesses and residents.
- Easily accessible to PENN Station.
- This is an excellent opportunity for a Trans Oriented Development and the only slated high rise on the Ironbound side of Penn Station.
- The most affluent, diverse and the most sought out area in Newark for businesses and Investments.
