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Residential Land Development Parcel
For Sale
$185,000

5 Farley Avenue, Newark, NJ 07108

Vacant residential land offered AS-IS for small developers and investors seeking an in-fill development opportunity in Newark.

Property SizeContact for details
Days on Market188

Property Features for 5 Farley Avenue

General Information

Standard status Active
Property subtype Land / Fee Simple
Zoning R1

Taxes and HOA fees

Annual Taxes $488

Amenities

No
Listing Agency: Century 21 Alliance-Cherry Hilll
Listed By: Valerie Jones · License #2297189
Source: Compass
Added: Feb 28 Changed: Sep 2 Last Checked: Sep 1 at 11:17PM

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 Century 21 Alliance-Cherry Hilll

Investment Insights

Based on property information with market context.

5 Farley Avenue is a vacant residential land parcel being sold for development or investment use. The property is offered strictly AS-IS, with the seller making no representations or warranties. Buyers should plan for all due diligence related to inspections, certifications, and any municipal requirements, including approvals, variances, and confirmation of development potential.

Located in Newark in Essex County, the parcel is described as convenient to major roadways and public transportation, with access to schools, shopping, and local amenities. Buyers are responsible for verifying all site conditions and suitability through their own research and professional reports.

This offering is best suited for builders, developers, and investors looking for a small-scale land opportunity in Newark. Given the need to confirm zoning, permitted uses, and permitting pathways, the buyer’s project plan and due diligence effort will be central to determining feasibility. The property is presented as an acquisition for qualified parties ready to evaluate development options and move forward with required approvals through the City of Newark.

Key Highlights

  • Vacant residential land at 5 Farley Ave in Newark City (20714), Essex County.
  • Offered AS‑IS; seller makes no representations or warranties.
  • Suitable for small developers, builders, and investors for future development, investment, or land banking.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Electrical Service Parking Lot & Garage

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

1,252
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant residential land offered AS-IS for small developers and investors seeking an in-fill development opportunity in Newark.
Where is this residential land & home lot located?
The property is located at 5 Farley Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Vacant residential land at 5 Farley Ave in Newark City (20714), Essex County.; Offered AS‑IS; seller makes no representations or warranties.; Suitable for small developers, builders, and investors for future development, investment, or land banking.
More about this property
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