Active

$799,000

3-5 Ferdinand St, Newark City, NJ 07103

--beds

--baths

7,840.8Square Feet

Unimproved Land

Built in ----

7,840.8 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Vacant lot

Back on Market! Vacant lot located in the R-2 District, where it permits 1 - 3 family dwellings and townhouses. It also permits conditional low rise multi-family dwellings. There are multi-family buildings in the area. On the opposite corner of the block, there is a 3-story, 16-unit multi-family building that is currently under construction. This property can support a 3 story, 15-unit multi-family building. Close proximity to everything all major public transportation. BUYER MUST UNDERTAKE THE NECESSARY DUE DILIGENCE BEFORE SUBMITTING AN OFFER. THE POTENTIAL TO DEVELOP THE LAND IS WITHIN REACH! View and send offers asap!

566 days

118

5

Facts & features

Property

Lot

Size: 7,840.8 Square Feet
Dimensions: 64.4 x 40
Features: Corner Lot, Level

Details

Parcel number: 1614017890001000090000
Zoning description: Residential Condominium/Townhouse, Residential Multi-Family, See Remarks

Utilities & green energy

Sewer: Public Sewer in Street
Water: Public Water in Street

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $60,000
Annual tax amount: $1,864
Date on market: 6/4/2024
Road surface type: Blacktop/Asphalt Road

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/22/2025	Listed for sale	$799,000
Source: GSMLS #3905625 Report a problem
5/28/2025	Pending sale	$799,000
Source: GSMLS #3905625 Report a problem
6/4/2024	Listed for sale	$799,000+415.5%
Source: NJMLS #24017466 Report a problem
8/5/2023	Listing removed	--
Source: GSMLS #3731195 Report a problem
8/4/2021	Sold	$155,000
Source: GSMLS #3731195 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,282	$60,000
2024	$2,282 +22.2%	$60,000
2023	$1,868 +164.3%	$60,000 +20%

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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