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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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558-562 S 11th St , Newark City, NJ 07103
$399,000
Est. Payment: $2,030.59/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 76
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House Description

PRIME OPPORTUNITY IN ONE OF NEWARK'S FASTEST-GROWING, IMPRESSIVE, SIGNIFICANT NEIGHBORHOODS, SURROUNDED BY AN ONGOING RESIDENTIAL SINGLE AND MULTI-FAMILY CONSTRUCTION DEVELOPMENT WITH RISING PROPERTY VALUES. THIS RESIDENTIAL BUILDING LOT WILL BE DELIVERED COMPLETELY READY TO BE CLEARED, WITH FLOW TEST TO BE COMPLETE, AND PROPOSED ARCHITECTURAL MULTI-FAMILY PLAN, [WHICH IS CURRENTLY BEING DESIGNED] FEATURES A PROPOSED IMPRESSIVE LAYOUT WITH 9 BEDROOMS, 6 FULL BATHROOMS, AND 3 SINGLE PARKING GARAGES! INTENTIONALLY DESIGNED FOR STRONG RENTAL INCOME AND LONG-TERM PROPERTY VALUE! BEST OF ALL, IMAGINE THE POSSIBILITIES THAT THIS EXPANSIVE VAST 4,725 SQUARE FEET RESIDENTIAL BUILDING LOT, WHICH IS NESTED IN A SERENE LOCATION, 558 - 562 SOUTH 11TH STREET, BOASTS A BEAUTIFUL PASTORAL VIEWS! THIS MAGNIFICENT LOCATION OFFERS UNIQUE OPPORTUNITIES TO CREATE AN EXQUISITE TRIPLEX RESIDENTIAL STRUCTURE WHICH INCLUDES PUBLIC WATER, NATURAL GAS, AND SEWER!. ALL AVAILABLE AT THIS BUILDING SITE! THE POTENTIALS HERE ARE VAST! MOST SIGNIFICANTLY, COMPARABLE 3-FAMILY RESIDENTIAL STRUCTURES IN THE AREA ACHIEVING ARV:S, [AFTER REPAIR VALUE], BETWEEN $1,000,000 AND $1,100,000. THIS IS A COMPELLING FINANCIAL OPPORTUNITY FOR INVESTORS AND GENERAL CONTRACTORS ALIKE!

Highlights

Listed by MAUREEN PONCELET-DEL SOLE , MP EXIT PLATINUM REALTY , 973-746-4777. Garden State MLS

Property Type

Vacant Land

Lot/Acreage
0.11

County

Essex

Listing ID

4025869

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Level Lot,Open Lot,Possible Subdivision,Wooded Lot
Lot Dimensions:75X62.10
Zoning:MULT-IFAMILY
Principal Interest
$2,031
Taxes
$99

Home Price

$399,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$79,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,030.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,030.59 $98.58 $0.00 $2,129.18
Yearly $24,367.13 $1,183.00 $0.00 $25,550.13
Total $731,013.79 $35,490.00 $0.00 $766,503.79

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS