206 Brookdale Ave Newark, NJ 07106

This exceptional 0.172-acre parcel at 206-212 Brookdale Avenue in Newark, New Jersey, presents a truly remarkable opportunity for multi-family development. Zoned for multi-family use, this shovel-ready site boasts pre-approved plans for a 30-unit complex, comprising 27 residential units and 3 commercial storefronts. All necessary permits and water connection fees have already been paid, eliminating significant hurdles and expediting the construction process. The asking price is $1,500,000. Located in Essex County, NJ, with the address 206 Brookdale Ave, Newark, NJ 07106 (latitude 40.739182459517345, longitude -74.22931811252887), this property offers immediate access to construction, allowing for a swift return on investment. The streamlined permitting process and pre-paid infrastructure costs significantly reduce upfront expenses and project timelines. This is a prime opportunity for investors seeking a high-yield, low-risk venture in a rapidly developing area. The property is privately owned. This is a truly exceptional opportunity to capitalize on a fully permitted and ready-to-build multi-family development project. Don't miss this chance to acquire a valuable asset in a thriving New Jersey market.