15 Union StNewark, NJ 07105

This exceptional 17-million-dollar commercial land opportunity is located at 15 Union Street in Newark, New Jersey, within Essex County (zip code 07105). The property is zoned Mx-3, allowing for high-density development. Its strategic location offers unparalleled access to key transportation hubs. The site is just one block from the Penn Station Newark, providing convenient access to commuter rail lines. Furthermore, its proximity to Newark Liberty International Airport and the Port of Newark ensures seamless connectivity for both domestic and international commerce. The site previously received preliminary approval for a hotel development, presenting a strong foundation for future projects. This prime location and zoning make this a highly attractive investment for developers seeking a high-impact project in a thriving urban center. The property's coordinates are 40.73279507764506 latitude and -74.16263043289999 longitude. This presents a rare chance to acquire a significant parcel of land in a rapidly developing area with excellent infrastructure and transportation links. The land itself is classified as commercial.