One Year After Newark Property Sells for $1.5M, Approvals Sought for 40-Unit Building

289 293 Halsey Street Newark
Site of proposed development: 289-293 Halsey Street, Newark. Photo via Google Maps/Street View.

Just a stone’s throw away from the Teachers Village complex in Downtown Newark, another new development could be constructed.

A mixed-use building that would be five stories tall is being proposed for 289-293 Halsey Street next to Newark’s municipal archives building. The plan by the Lakewood-based Klein Fund, LLC would allow for 885 square feet of commercial space and 40 residential units beneath a “partial green roof,” according to a January 15 legal notice. A parking garage with 24 spaces is also planned.

The Klein Fund, which tax records indicate is registered out of the same address in Ocean County as a grocery store called Aisle 9, paid $1.5 million last February for the Halsey Street property.

The developer is seeking Preliminary and Final Site Plan approval from the Newark Central Planning Board, according to the notice. A hearing has been scheduled for Monday, January 27, at 6:30 p.m.

The premises have long contained a one-story building. The structure in question includes a garage that was home to E&L Battery & Ignition Co. before the firm was acquired by a Rochester, New York-based automotive business.

Note to readers: The dates that applications are scheduled to be heard by the Newark Central Planning Board and other commissions are subject to change.



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