A prime 0.95-acre parcel in the heart of Newark’s dynamic downtown redevelopment zone presents an unparalleled opportunity for a high-rise residential development. The site supports a 40-story, ±400-unit mixed-use project, strategically positioned just steps from Penn Station—making it the closest development of its kind to this major transit hub. With significant financial incentives, including the Aspire Grant covering 50% of total project costs, this investment opportunity is designed for exceptional returns. Newark’s ongoing revitalization, combined with the site’s unmatched accessibility and high demand for modern urban living, makes this a premier development prospect in one of the region’s fastest-growing markets.