Date
Details
Price
Change
Source
3/12/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$400,000
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Property Description
Prime Development opportunity in the heart of Newark. This 2505 SQ FT lot is located in a C2 Commercial/Residential Zone, offering allows for up to 8 stories and the possibility to build up to 15 residential units with a commercial space on the ground floor. One of the key advantages of this property is that no parking is required, making it highly attractive for developers looking to maximize the building footprint and unit count. Strategically located on Orange street, with convenient access to major highways, public transportation, universities, hospitals, and ongoing redevelopment project throughout the area. This location continues to experience strong grow and investment, making it an ideal opportunity for a forward thinking development project. Buyer to perform their own diligence with the City Of Newark regarding Zoning, approvals , and development potential.
Full Property Details
Full Property Details for 496 Orange St
General
- Price: $400,000
- Taxes: $1,915 (2025)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 4014231
- Updated: 3/12/2026
- Added to Site: 10 day(s) ago
Business
- Misc. Information: See Remarks
Location
- County: Essex
- Driving Directions: from Roseville ave to Orange st.
- Total Lots Available: 1
Utilities
- Sewer: See Remarks
- Water: None, See Remarks
Structural Information
- Existing Structures: No Building, See Remarks
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100.2
- Frontage: See Remarks, Turnpike-Parkway
- Street/Road Desc.: Public Maintained Road, See Remarks
- Topography: Level, See Remarks
- Development Status: See Remarks, Site Plan Approval Required
- Land Improvements: See Remarks
- Present Use: Commercial, Residential, Vacant/Improved
- Trees/Vegetation: See Remarks
- Soil: Gravel
- Zoning: c2 Commercial, Business District, See Remarks
- Lot Description: Level Lot, Cleared Land - All
Financial Considerations
- Assessment Amount: $47,900
- Improve Assmt: $5,400
- Land Assmt: $42,500
- Tax Amount: $1,915
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: See Remarks, Survey Available
- Restrictions: See Remarks, Unknown
- Perc Type: See Remarks
- Surveyed: Yes
- Block: 1889.01
- Lot Number: 3
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— 496 Orange St —
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Schools
Schools serving 496 Orange St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.8 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.6 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.2 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.4 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 496 Orange St
Tax History
Tax History for 496 Orange St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,822
2%
$47,900
—
2023
$1,786
—
$47,900
—
2022
$1,790
1%
$47,900
—
2021
$1,780
33%
$47,900
—
2021
$1,340
-26%
$47,900
—
2019
$1,802
6%
$47,900
—
2017
$1,705
3%
$47,900
—
2016
$1,648
4%
$47,900
—
2015
$1,585
12%
$47,900
—
2013
$1,414
—
$47,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 496 Orange St
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- Lots/Land
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Listed by Keller Williams Valley Realty
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
Listed by The Agency Rutherford Realty Inc.
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- Active
- Updated 4 days ago
- 5Beds
- 4Total Baths
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- Single Family
- Closed
- 3Beds
Listed by Exit Realty Lucky Associates
- Single Family
- Closed
- 5Beds
Listed by Keller Williams - Nj Metro Group
Sold by Keller Williams Village Square
Sold by Keller Williams Village Square
- Single Family
- Closed
- Updated 1 day ago
- 3Beds
Listed by Keller Williams Park Views
Sold by Keller Williams Town Life
Sold by Keller Williams Town Life
496 Orange St, Newark, NJ 07107 (MLS# 4014231) is a Lots/Land property with a lot size of 0.06 acres. 496 Orange St is currently listed for $400,000 and was received on March 12, 2026. Want to learn more about 496 Orange St? Do you have questions about finding other Lots/Land real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.