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Assemblage in Newark Opportunity Zone
For Sale
$4,100,000

251 Walnut St, Newark, NJ 07105

Three properties in Newark's Transit Village, near key locations.

Property Size999 SF
Lot Size0.07 Acres
Price / SF$4,104
Days on Market140

Property Features for 251 Walnut St

General Information

Standard status Active
Size 999 SF
Lot size 0.07 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,565

Amenities

Central air
2 Car Width
Additional Parking
Baseboard - Hotwater Heating
Blacktop Driveway
Flat Roof
Wall A/C Unit(s) Cooling

Building Details

Year Built 1935
Listing Agency: COLDWELL BANKER REALTY
Listed By: ISAIAS GARCIA RODRIGUES
Source: Corcoran
Added: Mar 27 Changed: Aug 10 Last Checked: Aug 13 at 6:32AM

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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This is an assemblage of three properties situated within an Opportunity Zone and the Transit Village of the Ironbound section of Newark. The properties are ideally located near Newark Penn Station, Red Bull Arena, and Newark Liberty International Airport. The property size is 999 square feet.

Key Highlights

  • Located within an Opportunity Zone.
  • Situated in the Transit Village of the Ironbound section of Newark.
  • Near Newark Penn Station.

Property Analytics

Current Use

Con Sabor Ecuador Restaurant

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Locksmith Clothing & Fashion Store

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

4,639
Businesses Nearby

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
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?
Commercial land - Three properties in Newark's Transit Village, near key locations.
Where is this commercial land located?
The property is located at 251 Walnut St Newark, NJ.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Located within an Opportunity Zone.; Situated in the Transit Village of the Ironbound section of Newark.; Near Newark Penn Station.
More about this property
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