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Newark, NJ, 07107 • Lower Roseville • Essex County
-$49,900 since Apr 7, 2026
0.25 acLot
This home is getting attention
Listed 56 days ago · 179 views · 7 saves
Demand and pricing signals for this listing
179 views
People checking out this listing
7 saves
Buyers have saved this home
56 days on market
Established listing
This home ranks in the top 36% of listings most likely to go under contract soon, based on market activity and demand signals.
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Lot
Developers and investors need look no further for their next exciting project. This commercial lot is zoned with density to develop up to 32 units making this a must-see for anyone wanting to capitalize on a large lot, a central location and endless future potential. This prime development opportunity is perfectly positioned to offer a sought-after residential address for future residents. It is only a 6-minute walk to the Park Avenue Newark Light Rail Station that takes you directly to Newark Penn Station and then onto NYC and Branch Brook Park. Bravo Supermarket is only steps from the lot and shopping, dining and entertainment is all within easy reach to ensure a life of convenience.The neighboring lot already offers a 32-unit development but 238-240 Roseville Avenue is larger and has higher top-of-the-market rental comparisons, making this an opportunity not to be missed. Whether you look to create a luxurious modern development or something else of your choosing, this is a rare chance to bring your dreams to life. More photos and survey available by request.
Standout features identified
Our analysis highlights commercial lot, central location, and large lot as key attractions of this home.
Based on current rates
Est. 6.27% rate · 30yr fixed · $760,000 loan
Full calculator →Key facts and listing details
1 category of property features
Market data and value estimates
3 schools rated nearby
Newark, NJ, 07107
3 events
Local context around this listing
Newark, NJ • Essex County
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