
$1,250,000
123 Hidden Street,Newark, NJ 07104
$1,250,000
What builders pay for similar lots nearby
$8,000,000
Based on 1 recent new construction sale nearby
Current Property Type
Tear Down
Projected Resale Build Type
New Const – Duplex
Lot Size
15,500 ~ sqft
Dimensions
60 x 241 ft
Zoning: R-2 · One And Three Family Residential
In the Newark R-2 zone, you can build single-family, two-family, or three-family dwellings as-of-right. For a three-family dwelling, the maximum lot coverage is 55% and the maximum building height is 36 feet
Additional Information
Description
Currently a 4 family home sitting on an extra deep, triple wide lot. This is the perfect opportunity to build roughly 8+ duplexes on this oversized lot.
Zoning
Residential
Approval Status
Unapproved
Environment
Unknown
Vacant at Closing
Yes
Subject To
NA
Closing Timeframe
Flexible
Locations of builder purchases and new construction sales
Based on similar sized new construction properties
×2 unit opportunity — the projected build here is Duplex. Comp prices below are single-property sales.
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| Image | Address | Price | Type | Lot SqFt | Home SqFt | Beds | Baths | List Date | Sold Date | Status | Builder Names |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 183 Sylvan Ave, Newark, New Jersey 07104Smaller lotMulti-unit sale | $850,000 | Multi-Family | 2,648 | N/A | 8 | 5 | Aug 5, 2026 | N/A | Active | Carlos Lopes, Elior Yerushalmi +2 more |
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