201-279-8442
786-794 S 20th St, Newark, NJ for Sale
Commercial LAND - FOR SALE
1/21
17,860 SF

786-794 S 20th St
Newark, NJ 07103
West Side


HIGHLIGHTS

  • Massive Development Potential
  • Unmatched Tax Incentive Package
  • Newark’s Explosive Growth Market
  • Sky-High Rental Demand
  • Strategic Location – Heart of Newark’s Transformation
  • Proximity to Film & Media Hub

OVERVIEW

Welcome to 786–794 S 20th Street – a colossal redevelopment canvas in the heart of Newark. This exceptional 0.41-acre development site (owned by one family for 40 plus years) spans across an entire city block and is now zoned for up to an 8-story mixed-use masterpiece, with the potential to deliver 141,816+ sq. ft. of space comprising 85–125 modern residential units (spacious 800–1,100 sq. ft. layouts) atop ground-floor commercial venues. This rezoning has unlocked significant tax credit eligibility, with a stacked, transferable tax incentive range of $63.8M to $90M in state tax credits, fueling the project’s economics. The financial upside here is unparalleled – effectively turbocharging returns with minimal investor risk. This is a transformative development opportunity where you can shape the skyline and your portfolio’s future in one stroke. The clock is ticking – opportunities to own and develop at this scale in one of America’s fastest-growing markets are exceedingly rare, and knowledgeable, savvy investors will act before it’s gone.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

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LAND DETAILS

PROPERTY NAME

±0.41-AC Prime Development Opportunity (Sale)

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.41 AC

LAND SF

17,860 SF

OFFSITE IMPROVEMENTS

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ZONING

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APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Juan DislaBlau & Berg Co.More Info
201-279-8442

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Juan DislaBlau & Berg Co.More Info
201-279-8442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.