An anonymous Passaic, N.J.-based LLC is planning to redevelop the vacant three-story townhouse at 40 East Park Street, located on the corner of Mulberry Street in Downtown Newark. The existing structure will be converted from office space and expanded horizontally along Mulberry street. The final product will rise four stories at its tallest point and contain 15 market-rate residential units. The apartments, including studios and one-bedrooms, should average 750 square feet apiece, Jersey Digs reported. Newark-based Comito Associates is the architect. The project is expected to be complete in late 2018.
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New development or redevelopment there are totally developed, building consists units with four stories direct to real estate.