277 Orange St, Newark, NJ 07103
Local realty services provided by:CENTURY 21 Cedarcrest Realty, Inc.
277 Orange St,Newark City, NJ 07103
$280,000
- 0.05 Acres
- Lots / Land
- Active
Listed by: dean clark
Office: exp realty, llc.866-201-6210
MLS#:4023449
Source:NJ_GSMLS
Price summary
- Price:$280,000
About this home
Presenting a unique investment opportunity in the heart of Newark?s rapidly evolving University Heights neighborhood. Currently utilized as a paved parking lot, this 19' x 108'parcel offers a deep footprint for creative urban development. While the lot is considered undersized by traditional standards, it stands to benefit significantly from Newark?s recent"Streamline Small Development" administrative changes. These updated local ordinances are designed to fast-track housing production by allowing three-family dwellings and othersmall-scale projects on grandfathered undersized lots to be approved administratively. This crucial shift potentially allows a developer to bypass the lengthy Planning Board hearing process. The property?s location on Orange Street, a recognized primary corridor, provides a versatile canvas for a mixed-use signature building. Prospective owners can explore adesign that incorporates a ground-floor commercial space to serve the high-traffic corridor, topped with high-density residential units. Although the 19-foot width naturally prohibits afront-facing driveway under current city codes, the path to development is clear through minor variances. A developer might seek a parking requirement waiver given the site'sexceptional transit proximity or satisfy requirements via a rear alley configuration. These small variances are well-supported by the city?s current push for "Transit-OrientedDevelopment" and the logistical realities of historic Newark lots. The location is a commuter?s dream and a magnet for the city?s professional and academic population. Situated just 5 blocks from the Orange Street Light Rail Station, residents enjoy a seamless five-minute connection to Newark Penn Station, offering world-class access to PATH trains, NJ Transit, and Amtrak for easy commutes to Jersey City and Manhattan. The property is also perfectly positioned to capture the robust rental demand from the neighboring University District, home to NJIT, Rutgers-Newark, and Essex County College. Beyond its commercial and transit appeal, the neighborhood offers significant lifestyle amenities. The property is located just 2 blocks from the iconic Branch Brook Park. This proximity to premium green space, combined with the administrative ease of the new "Streamline" rules, makes this property an ideal acquisition for a savvy developer looking to capitalize on Newark?s urban renaissance....
Contact an agent
Home facts
- Listing ID #:4023449
- Added:30 day(s) ago
- Updated:May 28, 2026 at 02:21 PM
Structure and exterior
- Lot area:0.05 Acres
- Lot Features:Level Lot
Utilities
- Water:Public Water in Street
- Sewer:Public Sewer In Street
Finances and disclosures
- Price:$280,000
- Tax amount:$1,671 (2025)
New listings near 277 Orange St
- New
$1,350,000Active-- beds -- baths221 Sussex Avenue, Newark, NJ 07103
MLS# 26017882Listed by: RE/MAX PROFESSIONALS 1 - New
$1,350,000Active-- beds -- baths219 Sussex Avenue, Newark, NJ 07103
MLS# 26017921Listed by: RE/MAX PROFESSIONALS 1 - New
$730,000Active-- beds 5 baths237-239 Smith Street, Newark, NJ 07106
MLS# 26019549Listed by: KELLER WILLIAMS VALLEY REALTY - Open Sat, 1 to 3pmNew
$400,000Active4 beds 4 baths124 Vassar Ave, Newark City, NJ 07112
MLS# 4030504Listed by: MONARCH REALTY & ASSOCIATES - New
$599,999Active4 beds 3 baths407 3rd Avenue, Newark, NJ 07107
MLS# 26019520Listed by: PRESTIGE PROPERTY GROUP - MONTCLAIR - New
$629,000Active5 beds 3 baths599 S 18th St, Newark City, NJ 07103
MLS# 4030445Listed by: KELLER WILLIAMS MID-TOWN DIRECT - Open Sun, 1 to 3pmNew
$350,000Active3 beds 2 baths64 Willoughby Street, Newark, NJ 07112
MLS# 26019456Listed by: KELLER WILLIAMS CITY VIEWS REALTY - New
$468,000Active4 beds 2 baths2,488 sq. ft.136-138 N 13th St, Newark City, NJ 07107
MLS# 4030426Listed by: REALHOME SERVICES & SOLUTIONS INC - New
$800,000Active4 beds 2 baths108 Peabody Pl, Newark City, NJ 07104
MLS# 4030428Listed by: EXP REALTY, LLC - New
$749,000Active7 beds 5 baths63 Chadwick Ave, Newark City, NJ 07108
MLS# 4030291Listed by: KELLER WILLIAMS MID-TOWN DIRECT