
$1,500,000
141-143 Congress Street, Newark, NJ, 07105
MLS# 26032142
Land — Res/Com
Property Type
Description
Excellent opportunity to own a 3,847.5 sq. ft. vacant lot in the highly desirable Ironbound Section of Newark. Ideally located in one of the city's most vibrant and sought-after neighborhoods, this property offers outstanding potential for builders, developers, and investors. Conveniently situated near Newark Penn Station, major highways, Newark Liberty International Airport, shopping, restaurants, and local amenities. A rare chance to acquire land in a prime location with exceptional development potential. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and all municipal approvals. Includes use of the parking lot adjacent to the property, which holds 30 cars. Terms and conditions to be worked out
Tax & Financial Information
| Annual Property Taxes | $5,290 (NJ Public Records) |
| Tax Assessment | $139,100 |
| Land Assessment | $81,500 |
| Original List Price | $950,000 |
| Listed | August 25, 2026 |
Listing Information
Listing Office: Rosa Agency-Ironbound, LLC — 973-589-7550
Listing Agent: Michael Rosa — mrosarealtor@yahoo.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 9/25/2026.
Total Monthly Cost
$10,099/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $300,000 | Loan: $1,200,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Newark
Northeast Corridor / PATH
Newark Penn Station
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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