Rare opportunity to acquire 16.36± acres in the Village of Newark with concept approval for a proposed 150-170 unit multifamily residential development. Preliminary plans and renderings prepared by BME Associates showcase the vision for a new apartment community designed to complement the surrounding residential area. The seller has been actively working with the Village of Newark; however, final approvals have not yet been secured. Ideally situated near schools, shopping, and community amenities, this property offers significant development potential in a desirable and established location.
Directions: Lincoln Road to Jason Drive to Nathaniel Way. Open Vacant land Parcel.
Property Details
Property Id: 1039350
Price: $ 600,000
Property Lot Size:16.36 ac
Waterfront Y/N: No
Development Status: RawLand
Directions: Lincoln Road to Jason Drive to Nathaniel Way. Open Vacant land Parcel.
Elementary School District: Newark
High School District: Newark
Latitude: 43.030082
List Office Name: Hallmark Realty Partners
List Office Phone: 585-299-1112
List Price: 600000
Listing Id: R1689780
Longitude: -77.103439
Lot Features: CityLot, IrregularLot, Cleared, Level
Acres: 16.36
Lot Acres: 16.36
Lot Dimensions: 544X1309
Middle School District: Newark
Status: Active
Photos: 10
Possession: CloseOfEscrow
Postal City: Newark
Zip Code: 14513
Description: Rare opportunity to acquire 16.36± acres in the Village of Newark with concept approval for a proposed 150-170 unit multifamily residential development. Preliminary plans and renderings prepared by BME Associates showcase the vision for a new apartment community designed to complement the surrounding residential area. The seller has been actively working with the Village of Newark; however, final approvals have not yet been secured. Ideally situated near schools, shopping, and community amenities, this property offers significant development potential in a desirable and established location.
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