12-Story Building Could Replace Three Newark Homes

September 14, 2020

78 82 Walnut Street Newark Nj — 78, 80, 82 Walnut Street, Newark. Image via Google Maps/Street View.

A company wants to tear down three houses in Newark in order to build a 12-story development.

Walnut Homes Realty, LLC submitted an application to the City of Newark earlier this year involving a proposal for a mixed-use project at 78, 80, and 82 Walnut Street between McCarter Highway and Mulberry Street.

78 82 Walnut Street Newark Rendering 2 — Rendering of the proposed 77-unit building. Image courtesy of Palermo Edwards Architecture.

The developer wrote that the three lots would be merged and that 77 residential units along with one retail space would be constructed. Eleven parking spaces are planned as well, according to the application.

78 82 Walnut Street Newark Rendering — Image courtesy of Palermo Edwards Architecture.

Renderings and site plans of the project were released by Newark’s municipal government. One of the documents from Palermo Edwards Architecture illustrates that there would be one-bedroom and two-bedroom units along with a gym, roof terrace, and lounge. Renderings show that some units would include their own terraces.

The development firm is registered out of an address on Hermon Street. Nelson Espinoza is listed as the authorized representative of Walnut Homes Realty, LLC in a certificate of formation that was included with the application.