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Residential Building Lot with Utilities
For Sale
$399,000

558-562 South 11th Street, Newark, NJ 07103

Expansive residential building lot offered ready for clearing with public water, natural gas, and sewer.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market317

Property Features for 558-562 South 11th Street

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Lots And Land

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,183

Amenities

No
Listing Agency: EXIT PLATINUM REALTY
Listed By: MAUREEN PONCELET-DEL SOLE · License #237778
Source: Compass
Added: Dec 3, 2025 Changed: Oct 10 Last Checked: Oct 16 at 10:50AM

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 EXIT PLATINUM REALTY

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Investment Insights

Based on property information with market context.

This residential building lot at 558–562 South 11th Street will be delivered completely ready to be cleared, with a flow test to be completed, and a proposed architectural multi-family plan currently being designed. The concept includes 9 bedrooms, 6 full bathrooms, and 3 single parking garages.

The site is offered with access to public water, natural gas, and sewer, supporting multi-family construction planning on the parcel.

The property is configured as a single, contiguous lot and is presented as a building site for a triplex-style residential structure under the proposed plan.

Key Highlights

  • 4,725 SF residential building lot at 558–562 S 11th St, Newark
  • Lot is delivered completely ready to be cleared
  • Flow test expected to be complete for the site

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store Skin Care Clinic Travel Agency

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,490
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Expansive residential building lot offered ready for clearing with public water, natural gas, and sewer.
Where is this residential land & home lot located?
The property is located at 558-562 South 11th Street Newark, NJ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4,725 SF residential building lot at 558–562 S 11th St, Newark; Lot is delivered completely ready to be cleared; Flow test expected to be complete for the site
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