49-55 Evergreen Ave Newark, NJ 07114
This exceptional 14,500 square foot vacant land parcel presents a unique investment opportunity in Newark, New Jersey. Situated in the desirable Mx-1 (Mixed Use) zone, this property offers significant development potential. The lot, identified as Block 3753, Lot 14, boasts excellent street access and is ideally suited for a variety of industrial uses. Its location in Newark provides easy access to major transportation routes, enhancing its appeal for businesses requiring efficient logistics. The annual property taxes are $10,000. The sale price is available upon request, making this a compelling proposition for developers and investors seeking a prime industrial site in a thriving urban area. This property is ready for immediate development, offering a blank canvas for a wide range of projects. The flexible zoning allows for diverse uses, making it an attractive option for various business ventures. Don't miss this chance to acquire a strategically located industrial land parcel in a dynamic market. Contact us today to learn more and discuss this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.