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573 Central Ave Newark, NJ 07107

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For Sale
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0.29-acre lot, R1 zoning, high traffic.

Property Features for 573 Central Ave

General Information

Property type
Land
Lot Size
12,632 SF

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Listing Contact
Juan Disla
Juan Disla

Listing Agency: The Blau & Berg Company Listing Agent: Juan Disla

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 0.29-acre commercial land parcel presents a unique investment opportunity in Newark, New Jersey. Located at 573-581 Central Avenue, this property boasts a prime corner location with a traffic light, ensuring high visibility and accessibility. The lot is designated Block 1859, Lot 32, and is conveniently situated across from a NJ Transit bus stop (Route 5, servicing East Orange – Newark Penn Station), providing easy access to public transportation. The surrounding area is vibrant, with numerous amenities including restaurants, salons, UPS, Walgreens, and the NJ Motor Vehicle Commission. The property's R1 zoning allows for residential development above commercial space, offering significant potential for mixed-use development. Currently vacant, this site offers a clean slate for a new construction project. The 2022 property taxes were $3,734. This is an exceptional opportunity to acquire a strategically located commercial lot in a thriving area with excellent visibility and access to public transportation. Don't miss this chance to build your vision in a high-demand location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.1983289
Latitude
40.7498343

FAQs

What type of property is this?
Land - 0.29-acre lot, R1 zoning, high traffic.
Where is this land located?
The property is located at 573 Central Ave Newark, NJ.
What are key features of this property?
This property features: 0.29-acre commercial lot in Newark, NJ.; Block 1859, Lot 32.; Corner lot with traffic signal on Central Avenue.
(973) 379-6644 Call to check price and availability
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