Description
Rare opportunity to acquire 16.36± acres in the Village of Newark with concept approval for a proposed 150-170 unit multifamily residential development. Preliminary plans and renderings prepared by BME Associates showcase the vision for a new apartment community designed to complement the surrounding residential area. The seller has been actively working with the Village of Newark; however, final approvals have not yet been secured. Ideally situated near schools, shopping, and community amenities, this property offers significant development potential in a desirable and established location.
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0BEDS
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16.36ACRES
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0BATHS
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01/2 BATHS
Description
Rare opportunity to acquire 16.36± acres in the Village of Newark with concept approval for a proposed 150-170 unit multifamily residential development. Preliminary plans and renderings prepared by BME Associates showcase the vision for a new apartment community designed to complement the surrounding residential area. The seller has been actively working with the Village of Newark; however, final approvals have not yet been secured. Ideally situated near schools, shopping, and community amenities, this property offers significant development potential in a desirable and established location.
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Listing information © 2026 CNYIS, GENRIS, WNYREIS. Listing provided by James Archetko of Hallmark Realty Partners : .