Listing Agency: Exit Realty Lucky Group

Listed By: Edson Francisco · License #9696692 Show Phone

Source: Crexi

Added: Apr 12 Changed: Sep 3 Last Checked: Sep 2 at 7:07PM

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Investment Insights

Based on property information with market context.

Commercial land at 15 Union St in Newark, NJ, within an Mx 3 zoning designation described for high-density development. The site is one block from Newark Penn Station and a few minutes from the airport and port facilities. The property was previously semi-approved for hotel development.

Key Highlights

• Mx 3 zoning designated for high‑density development
• One block from Newark Penn Station
• A few minutes from the airport and port facilities

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Arcade & Gaming Center Buffet Locksmith

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

Location Intelligence

Trade Area within ½ mile

5,486

Businesses Nearby

Explore this area Business Placement

Demographics for 07105, NJ

50,870

Population

20,608

Households

2.5

Avg Household Size

35

Median Age

15%

College-Educated

70%

High-School Grad

4.6 sq mi

ZIP Area

11,059

Density / Sq Mi

$55,752

Median Household Income

$33,175

Median Earnings

$1,600

Median Rent

$445,900

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Mx 3-zoned commercial land near Newark Penn Station, the airport, and port facilities.

Where is this commercial land located?

The property is located at 15 Union St Newark, NJ.

What are key features of this property?

This property features: Mx 3 zoning designated for high‑density development; One block from Newark Penn Station; A few minutes from the airport and port facilities