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Old Posted Feb 20, 2017, 1:30 AM
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chris08876 chris08876 is offline
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Location: New Jersey - Somerset County
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NEWARK | 115 Chestnut Street (Vesey Street Commons) | FT | 5 FLOORS

Project: 115 Chestnut Street AKA "Vesey Street Commons"



Quote:
Property owner Chestnut Global Enterprises has placed the development site at 115 Chestnut Street, located on the corner of Hermon Street in Newark’s Ironbound district, on the market for $3.96 million, Jersey Digs reported. Plans for a five-story, 72-unit residential building, called Vesey Street Commons, are fully approved. The apartments would range from one- to two-bedrooms, if a new developer were to follow the latest permits. The 28,988-square-foot plot is currently vacant. Until roughly a decade ago, it was occupied by an industrial building utilized by the Wilson Imperial Company.
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