$777,000

390 N 5th St Newark, NJ 07107

Lower Roseville Neighborhood

Estimated payment $4,597/month

Total Views 1,935
0.17 Acre
$4,570,588 Price per Acre
73 Sq Ft Lot

About This Lot

Prime Development Opportunity " Approved for 24-Unit Garden Apartment Complex North Newark. Unlock the potential of this development site in the heart of North Newark, featuring approved zoning resolution for a 5-story, 24-unit garden apartment building. The proposed design includes a mix of 1-bedroom and 2-bedroom units across the 2nd to 5th floors, offering ideal layouts for urban renters. An optional underground parking garage is part of the approved concept, providing added value and flexibility for future residents. Perfectly situated just minutes from the Newark Light Rail, major highways, and public transportation, this location offers unbeatable accessibility and convenience for commuters and city dwellers alike. Please note: Approved architectural plans and permits will not be provided. The sale includes the land and the City of Newark's zoning resolution approval only. Proposed site plans available upon request.

Listing Agent

JAMILLE HERNANDEZ

3SIXTY REALTY LLC Brokerage Phone: 973-969-3363 Listed on: 07/17/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,757

Lot Details

  • 73 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-01949-0000-00027-0000-
  • Tax Block *

Property Details

Property Type

Land

Est. Annual Taxes

$4,757

Lot Details

0

Listing Details

  • County Name: Essex
  • Directions: From Roseville Ave to 4th Ave to N 5th St
  • I D: 5372486
  • Modified: 2025-07-17
  • Attribution Contact: 973-969-3363
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface Description: Blacktop/Asphalt Road

Utilities

  • Sewer Info: Public Sewer in Street
  • Water Info: Public Water in Street

Lot Info

  • Lot Size: 73.3X100
  • Assessed Improvement Value: 1000
  • Assessed Land Value: 124100
  • Assessment: 125100
  • Easement: Unknown
  • Lot Identifier: 27
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17
  • Number of Lots: 1
  • Zoned Info: Residential Condominium/Townhouse, Residential Multi-Family

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Tax Amount: 4757
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01949-0000-00027-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Assessment Bldg Tax: *
  • Assessment Land Tax: *
  • Total Tax Assessed: *
  • Street Num Tax: *
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $777,000 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3976057

Garden State MLS
New Jersey Essex County Newark 07107 Lower Roseville

390 N 5th St, Newark, NJ

This home is located at 390 N 5th St, Newark, NJ 07107 and is currently priced at $777,000. 390 N 5th St is a home located in Essex County with nearby schools including Dr. William H. Horton School, First Avenue Elementary School, and Franklin School.

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Listing Agent
JAMILLE HERNANDEZ
3SIXTY REALTY LLC