198-210 Elizabeth Ave

Rare opportunity to acquire a 1.41-acre vacant development site in Newark with C-2 zoning and a proposed concept for a large-scale multifamily project. The property is flat and largely cleared, offering a straightforward development profile compared with sites requiring extensive demolition or site preparation. Current conceptual plans contemplate approximately 200 multifamily units with structured parking and residential floors above, subject to all municipal and governmental approvals. The site also offers potential for a long-term PILOT structure and provides developers with a sizable assemblage in an established Newark neighborhood with strong redevelopment potential.