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Mixed-Use Development Land
For Sale
Contact for pricing
Pending

866 S Orange Ave, Newark, NJ 07106

Development site with an approved residential and commercial concept in Newark’s West Ward.

Property SizeContact for details
Days on Market146

Property Features for 866 S Orange Ave

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use, Land
Listing Agency: Samantha Lamptey
Listed By: Claudia Robinson · License #2327388
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:20AM

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 Samantha Lamptey

Investment Insights

Based on property information with market context.

This commercial land offering at 866 S Orange Ave supports a proposed four-story mixed-use building. The approved concept includes 15 Residential Dwelling Units and one commercial unit on the first floor. Under City of Newark zoning ordinances newly approved in November 2023, the lot can accommodate 26 Residential Dwelling Units and 1 Commercial Unit.

An Environmental Phase I has been completed. The buyer is responsible for obtaining approved construction plans and permits from the City of Newark. The property is located in the West Ward section of Newark, New Jersey.

Key Highlights

  • Approved mixed‑use concept for a four‑story building
  • 15 Residential Dwelling Units and one commercial unit planned
  • November 2023 Newark zoning ordinances allow 26 Residential Dwelling Units and 1 Commercial Unit

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring 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

1,285
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site with an approved residential and commercial concept in Newark’s West Ward.
Where is this commercial land located?
The property is located at 866 S Orange Ave Newark, NJ.
What are key features of this property?
This property features: Approved mixed‑use concept for a four‑story building; 15 Residential Dwelling Units and one commercial unit planned; November 2023 Newark zoning ordinances allow 26 Residential Dwelling Units and 1 Commercial Unit
More about this property
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