Search
Shovel-Ready Approved Multi-Use Site
For Sale
$1,400,000

206 Brookdale Ave Newark City, Newark, NJ 07106

For-sale land parcel approved for 30 units, including 27 residential and 3 retail/store spaces.

Property SizeContact for details
Days on Market48

Property Features for 206 Brookdale Ave Newark City

General Information

Standard status Active
Property subtype Land

Additional Details

Multifamily Units 27

Taxes and HOA fees

Annual Taxes $623
Listing Agency:
Listed By: Carl SanFilippo
Source: Mercercountyhomesforsale
Added: Jun 30 Changed: Aug 8 Last Checked: Jun 30 at 10:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carl SanFilippo

Investment Insights

Based on property information with market context.

This is a shovel-ready land opportunity with approval for a total of 30 units. The project includes 27 residential units and 3 store spaces, and permits have been paid. The package is structured for investors looking to move forward with an approved multi-use plan.

The property is presented for sale in Newark City, New Jersey. The information provided indicates the site is ready to proceed based on the approvals and permit status noted in the remarks.

With approval already in place for both residential and limited retail/store components, the site can fit buyers seeking a mixed-use development concept within a single parcel. Prospective investors and brokers can review the unit mix of 27 residential and 3 stores as a starting point for underwriting and next-step planning.

Key Highlights

  • Land parcel approved for a total of 30 units: 27 residential units and 3 retail/store spaces
  • Permits are paid for the approved 30‑unit development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Cafe & Coffee Shop Acupuncture

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

27
Residential units

Location Intelligence

Trade Area within ½ mile

1,221
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
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 - For-sale land parcel approved for 30 units, including 27 residential and 3 retail/store spaces.
Where is this residential land & home lot located?
The property is located at 206 Brookdale Ave Newark City Newark, NJ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Land parcel approved for a total of 30 units: 27 residential units and 3 retail/store spaces; Permits are paid for the approved 30‑unit development
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message