USANJNewark109 Mount Pleasant Ave
109 Mount Pleasant Ave | Image 1
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$1,495,000

For Sale

23 days ago

109 Mount Pleasant Ave, Newark

House

MLS® 4052553

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $4,798
Days Active 23
Lot Size 0.15 Acres
Approx. Age 
MLS® Number 4052553

Property Address: 109 Mount Pleasant Ave, Newark, NJ, 07104-3918

Average square foot calculated using Size range provided by listing agent.

Description

Rare development opportunity in one of Newark's most desirable and rapidly evolving locations. This property consists of 2 fully cleared lots totaling approximately 12, 377 square feet, ideally positioned near Downtown Newark and the University Heights section. Surrounded by significant new development this location offers strong long term upside for developers and investors looking to capitalize on Newark's continued rental growth. The site offers potential for the development of 5 Triplex Unit Structures and or 24 residential units as of right, creating a compelling opportunity for a sizable multifamily building and or individual triplexes. With slight density increase and or variance the unit counts can increase drastically. A substantial portion of the early site preparation has been completed allowing a developer to focus on design, approvals, and construction. Buyer and buyer's representatives are responsible for independently verifying all zoning, permitted uses, density, unit count, buildability, and development potential directly with the City of Newark. No representations or guarantees are made regarding approvals or development rights. Renderings, illustrations, and digitally enhanced images are for conceptual and marketing purposes only and may not reflect the final design, finishes, materials, landscaping, dimensions, or completed condition of the property. All plans, features, and specifications are subject to change. Buyers should independently verify all information.
MLS® Number4052553
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 14, 2026List Date
$1,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
109 Mount Pleasant Ave, Newark,

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