862-868 Broadway, Newark. Image via Google Maps / Street View.

A company that bought one of Newark’s northeasternmost lots last year plans to convert the property into an apartment building.

Plans for the “862 Broadway Residences” are due to be heard by the Newark Zoning Board of Adjustment on Thursday, December 3rd. The project is located at 862-868 Broadway, more than three miles north of Broad and Market, and is five stories high containing 29 residential units if approved, as per the developer’s request.

862 Broadway Residences Newark DevelopmentFront view. Image courtesy of Studio for Urban Architecture & Design.

The urban architecture and design studio’s floor plans, released by the Newark City Council, show that there will be one- and two-bedroom units throughout the property, as well as a shared lounge and terrace on the fifth floor.

The application states that this project is expected to include 24 parking spaces. The 13 bus from New Jersey Transit to Downtown Newark, Irvington, Nutley and Clifton stops nearby at the corner of Broadway and Verona Avenue.

Applicant 862-868 Broadway, LLC purchased the package in Fall 2019 for $ 520,000, according to sales documents. The filing’s disclosure statement states that Hirsch Eissenberg and Moty Brisk each own 50 percent of the LLC.

Vulcan Basement Waterproofing previously occupied the existing single story commercial building on the site.

The property is just one block south of the former Boonton Line, which could be converted into the Essex-Hudson Greenway. When the greenway project is complete, people can walk or ride bikes east to Jersey City or west to Montclair. This development is one of at least three to be proposed this year for the part of the northern district closest to the old railroad.

The Newark Zoning Board of Adjustment virtual session begins at 6:00 p.m. The developer would like preliminary and final approval of the site plan with a number of deviations.

Notice to Readers: The dates on which motions from the Newark Zoning Board of Adjustment and other commissions are to be heard are subject to change.