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Multifamily Development Land Parcel
For Sale
$399,000

558-562 S 11Th St, Newark, NJ 07103

LAND - Newark City, NJ

Lot Size0.11 Acres
Days on Market85

Property Features for 558-562 S 11Th St

General Information

Property type Land
Property subtype Other
Zoning MULT-IFAMILY
Lot features Level Lot, Open Lot, Possible Subdivision, Wooded Lot
Elementary school 13TH AVE
Middle school 14TH AVE
High school CENTRAL
Directions SPRINGFIELD AVENUE TO SOUTH 11TH STREET, NEWARK, NEW JERSEY 07103!
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1183

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: EXIT PLATINUM REALTY · EXIT Realty
Listed By: MAUREEN PONCELET-DEL SOLE
Added: May 7 Changed: Jun 30 Last Checked: Jul 30 at 8:06PM
MLS# 4025869

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 is a multifamily-zoned residential building lot delivered ready to be cleared, with a flow test to be completed. The offering includes a proposed architectural multi-family plan featuring 9 bedrooms, 6 full bathrooms, and three single parking garages.

The property is located at 558-562 S 11th St in Newark City, Essex County, NJ 07103. The site is presented as having public water, natural gas, and sewer available at the building site, supporting residential redevelopment and utility planning.

For developers, builders, and qualified investors, the combination of multifamily zoning, available utilities, and an included concept plan can help streamline early design and permitting discussions. The proposed layout is structured around a multi-unit residential approach, with three single-car garages included as part of the concept for tenant parking needs.

Key Highlights

  • 4,725 SF residential building lot at 558–562 S 11th Street in Newark.
  • Utilities available at the building site include public water and public sewer.
  • Cable is available; natural gas is indicated as available for the site.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Tech Support Center Garden Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,490
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Zoned for multifamily development and delivered ready to be cleared, with proposed plans for a triplex-style structure.
Where is this residential land & home lot located?
The property is located at 558-562 S 11Th St Newark, NJ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4,725 SF residential building lot at 558–562 S 11th Street in Newark.; Utilities available at the building site include public water and public sewer.; Cable is available; natural gas is indicated as available for the site.
More about this property
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