Commercial Land
573 Central Avenue Newark, NJ 07107
Details & Description
Price: $799,999
    Lot Size at ±0.29 AcresBlock 1859, Lot 32Corner Traffic Light Location Along Busy Central AvenueAcross from Bus Stop (NJ Transit 5 Servicing East Orange – Newark Penn Station)Nearby Services Include Restaurants, Salons, UPS, Walgreens, NJ Motor Vehicle CommissionZoned R1 (Allows for Residential Development Above Commercial Space)Taxes at $3,734 (2022)***Vacant Land, No Building Structure Currently Exist Onsite***Approx. 0.8 Miles to I-280Approx. 1.4 Miles to Garden State Parkway Exit 144Approx. 4.1 Miles to I-78Approx. 5.7 Miles to Newark Liberty International Airport
    Property Highlights
     ±0.29-Acre Commercial Land for Redevelopment
     ±0.29-Acre Commercial Land for Redevelopment
    Listing Agents
    Juan Disla

    O: 973-379-6644
    jd@blauberg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    573 Central Avenue

    Newark, NJ 07107

    Listing ID: 298502
    • 573 Central Avenue Newark, NJ 07107 | for Sale | Photo 1
    • 573 Central Avenue Newark, NJ 07107 | for Sale | Photo 2
    • 573 Central Avenue Newark, NJ 07107 | for Sale | Photo 3
    573 Central Avenue | for Sale | Thumbnail 1
    573 Central Avenue | for Sale | Thumbnail 2
    573 Central Avenue | for Sale | Thumbnail 3
    Building Size: --
    Lot Size: 0.290 AC
    Land Size: 12,632 SF
    Building $/SF:
    Land $/SF: $63.33
    Price
    $799,999
    Property Highlights
    ±0.29-Acre Commercial Land for Redevelopment
    Description

    Lot Size at ±0.29 Acres

    Block 1859, Lot 32

    Corner Traffic Light Location Along Busy Central Avenue

    Across from Bus Stop (NJ Transit 5 Servicing East Orange – Newark Penn Station)

    Nearby Services Include Restaurants, Salons, UPS, Walgreens, NJ Motor Vehicle Commission

    Zoned R1 (Allows for Residential Development Above Commercial Space)

    Taxes at $3,734 (2022)

    ***Vacant Land, No Building Structure Currently Exist Onsite***

    Approx. 0.8 Miles to I-280

    Approx. 1.4 Miles to Garden State Parkway Exit 144

    Approx. 4.1 Miles to I-78

    Approx. 5.7 Miles to Newark Liberty International Airport

    Attachments & Files

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    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Newark History of Commercial Land for Sale

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    Newark Area Market Trends

    Listing Demographics for 573 Central Avenue Newark, NJ 07107

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population53,748467,153756,422
    Population Median Age343637
    Population by Age0-9 Yrs8690 (16%)64056 (13%)98554 (13%)
    10-19 Yrs7889 (14%)62139 (13%)95898 (12%)
    20-29 Yrs8056 (14%)74279 (15%)113731 (15%)
    30-39 Yrs7754 (14%)69747 (14%)112045 (14%)
    40-49 Yrs6736 (12%)60615 (12%)102828 (13%)
    50-59 Yrs6603 (12%)56857 (12%)98108 (12%)
    60-69 Yrs4646 (8%)43346 (9%)72897 (9%)
    70+ Yrs3374 (6%)36115 (7%)62361 (8%)
    Median HH Income$38,770$45,084$56,488
    Total Household Income< 24K6772 (35%)51523 (29%)66476 (24%)
    25-49K4617 (24%)40720 (23%)57397 (20%)
    50-74K3057 (16%)30641 (17%)46544 (16%)
    75-99K2057 (10%)18017 (10%)31862 (11%)
    100-199K2026 (10%)26300 (15%)53080 (19%)
    200K+326 (1%)5341 (3%)19695 (7%)
    Highest Education LevelNo Diploma74415829581777
    Diploma or GED11709106948160795
    Some College69135734091492
    Assoc. Degree22072013132948
    Bachelors Degree33084174790473
    Higher Degree14852213851644
    Total Housing Units22,425192,792302,657
    --Owner-Occupied4,20945,01499,844
    --Renter-Occupied14,646127,527175,209
    Owner-Occupied Values< 100K57433584872
    100-199K12961019414462
    200-299K13931381625719
    300-399K659939725502
    400-499K223420612731
    500K+63404316558
    Total Working Age Population40,457366,096600,042
    In Work Force24,278236,709396,953
    Not In Work Force16,179129,387203,089
    Workforce Employed20,822213,205363,243
    Workforce Unemployed3,45523,09733,191
    Civlian Workforce24,277236,302396,434
    Military Workforce0407520
    Total Households18,855172,542275,054
    Family Households11,331103,812173,912
    Non-Family Households7,52468,729101,142
    Married Couple4,35750,00998,150
    Other Family6,97453,80375,762
    Married w/Child1,86921,88643,861
    Single Male w/Child5705,0687,717
    Single Female w/Child3,11022,88330,094

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Hudson County608,975+4634,266+12708,100+6747,400
    Essex County793,633-1783,969+3808,300+3829,800
    Bergen County884,118+2905,116+7967,500+71,031,500
    Union County522,541+3536,499+7573,000+6605,600

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 573 Central Avenue in Newark?
    The asking price for 573 Central Avenue is $799,999
    How much land does the Newark, NJ property at 573 Central Avenue include?
    573 Central Avenue in Newark includes 0.290 acres of land
    What kind of Land is the propery at 573 Central Avenue?
    The property at 573 Central Avenue Newark, NJ 07107 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 573 Central Avenue in Newark?
    The population within 1 mile of 573 Central Avenue Newark, NJ 07107 is 53,748 people.
    Who do I contact for questions about 573 Central Avenue?
    You should contact the listing agent, Juan Disla, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Newark Liberty International Airport (EWR) 4
    La Guardia Airport (LGA) 17
    John F Kennedy International Airport (JFK) 23