496 Orange St Newark, NJ 07107

Listing office REALTY ONE GROUP LEGEND i***@roglegend.com Show Phone

Listing date Mar 13, 2026

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Investment Insights

Based on property information with market context.

This 2505 square foot lot presents a development opportunity in Newark. Zoned C2 Commercial/Residential, the property allows for construction of up to 8 stories. The site has the potential to accommodate up to 15 residential units, with the possibility of incorporating a commercial space on the ground floor. A notable feature is the absence of parking requirements, which may appeal to developers seeking to maximize building footprint and unit count. The property is located on Orange Street, providing access to major highways and public transportation. The location offers convenient access to universities, hospitals, and ongoing redevelopment projects in the area. The area is experiencing growth and investment. Prospective buyers are advised to conduct their own due diligence with the City of Newark regarding zoning regulations, approvals, and development potential.

Key Highlights

• Up to 8 stories and 15 residential units possible due to C2 Commercial/Residential Zoning.
• No parking required, maximizing building footprint and unit count.
• Prime development opportunity in the heart of Newark.

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FAQs

What type of property is this?

Commercial land - 2505 SF lot in C2 zone, build up to 8 stories.

Where is this commercial land located?

The property is located at 496 Orange St Newark, NJ.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: Up to 8 stories and 15 residential units possible due to C2 Commercial/Residential Zoning.; No parking required, maximizing building footprint and unit count.; Prime development opportunity in the heart of Newark.