399 Mccarter Hwy
Newark, NJ 07114 South Broad Street

PRE-REAL ESTATE SERVICES HAS BEEN EXCLUSIVELY TASKED WITH FACILITATING THE SALE & LEASE OF THIS EXTRAORDINARY OPPORTUNITY LOCATED ON 399 MCCARTER HIGHWAY, NEWARK NJ.

THE PROPERTY SPANS OVER A 0.08 ACRE PARCEL OF LAND AND IS COMPRISED OF A 2,950 SF TWO STORY COMMERCIAL BUILDING. THE GROUND FLOOR IS INTENDED FOR USES SUCH AS AUTO MECHANIC, USED CAR DEALERSHIPS AND A SHOWROOM. THE C-3 (CENTRAL BUSINESS DISTRICT) ZONE IN NEWARK IS INTENDED TO SUPPORT THE CITY’S MOST ACTIVE COMMERCIAL AND MIXED-USE CORE, ALLOWING FOR HIGH-DENSITY DEVELOPMENT THAT COMBINES RETAIL, OFFICE, RESIDENTIAL, AND SERVICE USES IN A WALKABLE, TRANSIT-ORIENTED ENVIRONMENT.
 
THIS ZONE IS TYPICALLY LOCATED IN PRIME DOWNTOWN CORRIDORS AND NEAR MAJOR TRANSPORTATION HUBS, ENCOURAGING FOOT TRAFFIC, BUSINESS ACTIVITY, AND VERTICAL DEVELOPMENT. THE C-3 ZONE PROMOTES A VIBRANT URBAN SETTING WITH GROUND-FLOOR COMMERCIAL USES AND UPPER-LEVEL OFFICES OR RESIDENTIAL UNITS, MAKING IT IDEAL FOR BOTH INVESTORS AND END USERS SEEKING STRONG VISIBILITY AND ACCESSIBILITY.