Residential Land With Proposed
For Sale
$399,000
558 S 11Th St, Newark, NJ 07103
Residential building lot for sale at 558–562 S 11th St, delivered ready to be cleared with planned multi-family layout.
Property SizeContact for details
Lot Size0.11 Acres
Days on Market95
Property Features for 558 S 11Th St
General Information
Standard status
Active
Lot size
0.11 Acres
Property subtype
Land
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,183
Listing Agency:
(973) 746-4777
Listed By:
MAUREEN PONCELET-DEL SOLE
Source:
Elliman
Added: May 9
Changed: Aug 8
Last Checked: May 9 at 4:01AM
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 MAUREEN PONCELET-DEL SOLE
Investment Insights
Based on property information with market context.
Residential building lot offered for sale at 558–562 S 11th St, delivered completely ready to be cleared, with a flow test to be completed and a proposed architectural multi-family plan currently being designed. The proposed layout calls for 9 bedrooms, 6 full bathrooms, and 3 single parking garages.
Public water, natural gas, and sewer are available at the building site. The offering is described as an opportunity within a neighborhood experiencing ongoing residential single- and multi-family construction development, with the property positioned at a sizable 4,725-square-foot residential building lot.
The remarks also cite comparable 3-family residential structures in the area achieving ARVs between $1,000,000 and $1,100,000 after repair value.
Public water, natural gas, and sewer are available at the building site. The offering is described as an opportunity within a neighborhood experiencing ongoing residential single- and multi-family construction development, with the property positioned at a sizable 4,725-square-foot residential building lot.
The remarks also cite comparable 3-family residential structures in the area achieving ARVs between $1,000,000 and $1,100,000 after repair value.
Key Highlights
- Residential building lot at 558–562 S 11th St (4,725 SF) in Newark.
- Delivered ready to be cleared, with a flow test to be completed.
- Proposed architectural multi‑family plan includes 9 bedrooms and 6 full bathrooms.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,478
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential building lot for sale at 558–562 S 11th St, delivered ready to be cleared with planned multi-family layout.
Where is this residential land & home lot located?
The property is located at 558 S 11Th St 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: Residential building lot at 558–562 S 11th St (4,725 SF) in Newark.; Delivered ready to be cleared, with a flow test to be completed.; Proposed architectural multi‑family plan includes 9 bedrooms and 6 full bathrooms.
