Overview

RARE OPPORTUNITY to own nearly 40 acres of land centrally located in downtown Newark. The Merritt Christmas Tree farm is on the market for the first time in decades. Currently used as a working farm but great location for development /commercial use. 3 parcels make up the 39.5 acre plot. 054-226770-00.000 (5.50 acres), 054-227568-00.000 (11.50 acres), 054-217002-00.000 (22.50 acres). Sellers rent 21 acres that are farmed rotating between soy & corn crops yearly. Land is zoned CAUV. Buyer assumes all responsibility/liability for CAUV recoupment. Sellers have no CAUV recoupment responsibility/liability. There is an old farmhouse and a large barn outbuilding on the front parcel closest to Forry Street. Part of the parcels are in a floodplain or floodway. Flood zones attached to MLS.