Multifamily Development Land
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
(973) 746-4777
Listed By:
MAUREEN PONCELET-DEL SOLE
(908) 338-0639
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.
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
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,490
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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.