C-2 Zoned Development
For Sale
$1,499,000
63-67 VERONA AVE, Newark, NJ 07104
Lots and Land, Newark City, NJ
Property SizeContact for details
Lot Size0.22 Acres
Days on Market150
Property Features for 63-67 VERONA AVE
General Information
Property type
Land
Property subtype
Other
Zoning
C-2
Subdivision
FOREST HILL SECTION
Lot features
Open Lot
Directions
BROADWAY TO VERONA OR ROUTE 21 TO VERONA
Standard status
Active
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2217
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
UNITED REAL ESTATE
(888) 501-6953
Listed By:
AILEEN COLON · License #242745
(888) 501-6953
Added: Apr 2
Changed: Aug 19
Last Checked: Aug 29 at 11:06AM
MLS# 4018270
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 offering is for development land in the Forest Hill section, presented as three adjacent lots. The property is described as approximately 77 by 138 for the lots and totals about 0.22 acres. The zoning is C-2, with the listing indicating commercial and residential use potential, subject to the Town’s requirements and any construction due diligence.
The parcels are located at 63-67 Verona Ave in Newark City, Essex County, NJ 07104. The listing notes tax figures of $2,217 and mentions a tax abatement described as minimal for approximately five years. Prospective buyers are directed to verify all development and construction considerations with the Town.
For tenants or operators considering site selection, the C-2 designation and combined lot layout may support projects that require a commercial/residential zoning framework. For buyers, the configuration of three adjacent lots provides a single acquisition path for planning and entitlement, with the listing emphasizing that due diligence is necessary for any proposed construction.
The parcels are located at 63-67 Verona Ave in Newark City, Essex County, NJ 07104. The listing notes tax figures of $2,217 and mentions a tax abatement described as minimal for approximately five years. Prospective buyers are directed to verify all development and construction considerations with the Town.
For tenants or operators considering site selection, the C-2 designation and combined lot layout may support projects that require a commercial/residential zoning framework. For buyers, the configuration of three adjacent lots provides a single acquisition path for planning and entitlement, with the listing emphasizing that due diligence is necessary for any proposed construction.
Key Highlights
- Zoning: C‑2 commercial/residential
- Property includes 3 lots, each approximately 77 x 138
- Water source: public
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,504
Businesses Nearby
Explore this area
Business Placement
Demographics for 07104, NJ
54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Three adjacent C-2 zoned lots offer a flexible commercial/residential development option for buyers willing to complete due diligence.
Where is this commercial land located?
The property is located at 63-67 VERONA AVE Newark, NJ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Zoning: C‑2 commercial/residential; Property includes 3 lots, each approximately 77 x 138; Water source: public
