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698-700 Dr Martin Luther Kng Boulevard , Newark, NJ 07102

$750,000

Detail

  • Property ID: 24005333
  • Price: $750,000
  • Year Built: 1900-1939
  • Property Type: 5+ Family/Mixed Use
  • Property Status: Mixed Use

Description

Discover the potential of this historic mansion located in the heart of Newark. Situated amidst a vibrant neighborhood undergoing significant redevelopment, this property is surrounded by other revitalization projects reshaping the area. Formerly approved for 15 residential units in 2019, this property offers a unique opportunity for redevelopment. Sold as is, with the buyer responsible for resolution renewal, this expansive estate presents endless possibilities. Notably, previous approvals did not include parking provisions. Ideal for investors seeking to capitalize on the evolving landscape, this property is strategically positioned near public transportation, Newark University, and downtown Newark. Embrace the chance to reimagine and revitalize this iconic landmark in a burgeoning urban environment.

  • Address: 698-700 Dr Martin Luther Kng Boulevard
  • City: Newark
  • State/county: ESSEX / NJ
  • Zip/Postal Code: 07102
  • Country: United States

Listing provided by Keller Williams Park Views

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 2024-04-28 5:00 PM. Source: New Jersey Multiple Listing Service, Inc.

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