Another 12-Story Apartment Building Proposed for Walnut Street, Newark

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88 90 Walnut Street Newark 2
Proposed development: 88-90 Walnut Street, Newark. Rendering by Palermo Edwards Architecture via the City of Newark.

Two properties that sit next to each other in Newark’s Central Ward could become home to a 12-story building if a developer has their way.


88-90 Walnut Street, LLC is scheduled to go before the Newark Central Planning Board during its next meeting in order to seek preliminary and final site plan approval with variances for a proposed project just a couple of yards west of the corner of Walnut Street and McCarter Highway.

88 90 Walnut Street Newark 3
The 12-story design of 88-90 Walnut Street in Newark’s Central Ward. Rendering by Palermo Edwards Architecture via the City of Newark.

If approved and completed as planned, the building at 88 and 90 Walnut Street would include 40 residential units, three parking spaces, a gym, a laundry room, a rooftop lounge, and a bike storage room, according to a March 10 municipal report. The report also noted that a three-story house and a garage on the premises were recently demolished.

Site plans from Palermo Edwards Architecture indicate that this development would include a mixture of one-bedroom and two-bedroom units, but no retail space.

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88-90 Walnut Street. Rendering by Palermo Edwards Architecture via the City of Newark.

A disclosure statement released by the City of Newark associates Nelson Espinoza and an address on Hermon Street with 88-90 Walnut Street, LLC.

The public hearing on this matter is expected to take place during the Zoom meeting on Monday, March 15, at 6:00 p.m.

If this proposal for a 12-story residential building on Walnut Street seems familiar, it could be because another 12-story residential building was announced for the same block just six months ago. Walnut Homes Realty, LLC, which has ties to the same address on Hermon Street as 88-90 Walnut Street, LLC, filed an application involving plans for a project with 77 units at 78, 80, and 82 Walnut Street.

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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7 COMMENTS

  1. These are the types of high-density developments that are critical to restoring the economic bustle and positive street activity to Downtown. I don’t recall reading anything where the developer is looking for any sort of PILOT consideration, so this should mean an entire building full of market-rate apartments. Newark desperately needs a diversity of backgrounds, cultures, ideas, mindsets, but most importantly, incomes. A bottom-heavy city, in terms of the income scale, is not sustainable.
    Promoting urban planning policies that stimulate economic activity and encourage vibrant neighborhoods, should be this Administration’s first priority. With gentrified, thriving neighborhoods, and the resulting addition of more residents with disposable incomes, the City will then realize an uptick in its coffers, with which it can then afford to add critical services needed across the city. Mandating low-income set-asides through blind fiat, is a development-retarding approach to urban planning, that asphyxiates market momentum and drives developers elsewhere.

  2. Indian palaces could be built in Newark, but my race of people are so effed up mentally, that it would be a ghetto in 3 days, so clearly the rents of these new homes will only draw the wealthy . Lived in Newark over 50 years and was forced to move due to corrupt police stealing cars for chop shops, the city misplacing tax payments purposely to put houses in foreclosure, and the publics effort to maintain it as the hood or ghetto. Its a disgusting place run by disgusting public officials including the pedophile governor who won the black vote by promising to pass the Marijuana bill. Only fools are moving to Newark.

  3. 2 buildings down 500,000 to go. Step in the right direction but the Newark clean up is going to take decades. And with morons like Ras running the city, it could be many decades.

  4. Are you kidding? 3 parking spaces for a 40 unit building. This is an example of stupidity. Yes new buildings are great for the area but the city planning board had to have common sense. Meanwhile on the other side of the railroad tracks , east ward, there have always been limits on how many stories you can build and new building have to include parking.

  5. what do you mean? this is great?
    there is way too much parking downtown. we have to encourage people to stop driving and start walking/biking! It would certainly stimulate local buisnesses and liveliness of downtown.

  6. Ana, downtown residential projects are to encourage mass transit and public transit use. You have Broad Street with its multiple bus lines two blocks west.
    You have Penn Station less than a quarter-mile to the Northeast.

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