A property in the Vailsburg section of Newark that has sat vacant for years can finally be revitalized after a previous plan for the land was denied.
During their April 28 meeting, Newark’s zoning board approved an application to develop two lots at 247-249 Stuyvesant Avenue. The endeavor comes from East Orange-based Naimor Realty and looks to construct 11 residential units inside a five-story structure.
The ground floor of the four-story development will consist of 978-square feet of commercial space alongside 11 parking spaces for residents. The approved plan is scaled back from a proposal that was rejected by the board from previous ownership that consisted of a five-story, 18-unit building on the lot without any parking component.
The approval of new development is somewhat rare for Vailsburg, a neighborhood near the Irvington border that mostly consists of smaller properties and older single-family homes. Naimor Realty is nonetheless bullish when it comes to Newark, as the company has several other plans in the pipeline that they hope to announce in the coming months.
Despite the approvals, Naimor Realty has not indicated when construction could commence at the Stuyvesant Avenue parcels.
