Newark City Development
For Sale
$400,000
496 Orange St, Newark, NJ 07107
COMMERCIAL - Newark City, NJ
Property SizeContact for details
Lot Size0.06 Acres
Days on Market146
Property Features for 496 Orange St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
c2 Commercial
Lot features
Level Lot
Directions
from Roseville ave to Orange st.
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1915
Listing Agency:
REALTY ONE GROUP LEGEND
(973) 772-0660
Listed By:
BARBARA LOPEZ
(973) 686-7777
Added: Mar 12
Changed: Jun 30
Last Checked: Aug 4 at 9:06AM
MLS# 4014231
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2505 square foot lot presents a development opportunity in Newark City. Zoned C2 Commercial/Residential, the property allows for construction of up to 8 stories, potentially accommodating up to 15 residential units with a commercial space on the ground floor. A key feature is the absence of parking requirements, which may appeal to developers seeking to maximize building footprint and unit count. The property is located on Orange Street, providing access to major highways, public transportation, universities, hospitals, and ongoing redevelopment projects. The area is experiencing growth and investment. Buyers should perform their own due diligence with the City Of Newark regarding zoning, approvals, and development potential.
Key Highlights
- Prime development opportunity in the heart of Newark.
- C2 Commercial/Residential Zone allows for up to 8 stories and 15 residential units with ground floor commercial space.
- No parking required, maximizing building footprint and unit count.
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 07107, NJ
41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial/residential development lot in Newark City, NJ.
Where is this commercial land located?
The property is located at 496 Orange St Newark, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime development opportunity in the heart of Newark.; C2 Commercial/Residential Zone allows for up to 8 stories and **15 residential units with ground floor commercial space.**; No parking required, maximizing building footprint and unit count.
