$1,500,000
123 Hidden Street,Newark, NJ 07104
$1,500,000
Based on 1 recent builder purchase nearby
$13,000,000
Based on 3 recent new construction sales nearby
Current Property Type
Vacant Land
Projected Resale Build Type
Multi Story Dev
Lot Size
12,500 ~ sqft
Dimensions
132 x 101 ft
Additional Information
Description
This is currently five vacant lots being sold as a package, located in one of the most desirable areas of Newark. AS OF RIGHT: You can build 24 units (30 units can be easily achieved) OR 5 triplexes.
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
Recent similar sized builder purchases in this area
Multi-unit opportunity — the projected build here is Multi Story Dev. Comp prices below are single-property sales.
← Swipe to see more →
| Image | Address | Price | Type | Lot (sqft) | W x D (ft) | Parcel Shape | Purchase Date | Builder Names |
|---|---|---|---|---|---|---|---|---|
| 379 Mount Prospect Ave, Newark, NJ 07104 Rental building Old compNarrower | $1,700,000 | Apartments (Generic) | 19,916 | 8 x 175 | Jun 17, 2025 | Michael Gabrielvia City Builders Group LLC |
Based on similar sized new construction properties
Multi-unit opportunity — the projected build here is Multi Story Dev. Comp prices below are single-property sales.
← Swipe to see more →
| Image | Address | Price | Type | Lot SqFt | Home SqFt | Beds | Baths | List Date | Sold Date | Status | Builder Names |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 233 N 12th St, Newark, New Jersey 07107Old compSmaller lotMulti-unit sale | $935,000 | Multi-Family | 4,421 | N/A | 8 | 5 | Apr 10, 2024 | Jun 21, 2024 | Sold | N/A | |
| 21 Lincoln Park, Newark, New Jersey 07102 | $495,000 | Condo | N/A | N/A | 2 | 1 | Jun 25, 2026 | N/A | Active | N/A | |
| 21 Lincoln Park, Newark, New Jersey 07102 | $595,000 | Condo | N/A | N/A | 3 | 2 | Jun 25, 2026 | N/A | Active | N/A |
Need funding for your project?
The fix and flip program can help provide you with fast, easy, and reliable funding on your light to heavy renovation projects. Our program works whether you are a new or experienced investor. We work with you throughout each step of the process from analyzing your deal to the time you pay off your loan and everything in between from underwriting, funding, servicing, and managing the construction with you and your team.
