Ideal Land deal with proposed project consisting of approximately 19,600 sf. First floor will contain 7,600 sf of retail space divided into 7 stores and 2nd floor with 12 residential units. The project is located on the corner of Chancellor & Union Avenues. The Garden State Parkway connects to Union Avenue at Exit 142A. Union Ave is a feeder to the business and industrial district. Chancellor Ave is a busy business street, which connects Springfield Ave. to Newark. The project consists of approx. 19,600 sf. The first fl. will contain 7,600 sf of retail divided into 7 stores ranging from 915 square feet to 1,250 sf. The dividing walls between stores are not structural. The retail spaces can be combined or resized to meet tenant needs. The residential component of the project consists of approx 12,000 sf. There are four 2-B/R apts & eight 1-B/R apts on the 2nd fl ranging from 650 to 900 sf.

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