Halsey Street lies within the original settlement of Newark which was laid out soon after its founding in 1666: the land was part of the plots distributed among the first settlers.
[1] During the city's Gilded Age, a boom period at the turn of the 20th century in the Roaring Twenties, many low-rise homes were replaced by new commercial buildings, including several department stores, such as Hahne and Company, Kresge-Newark, Bamberger's, S. Klein and Orbachs.
[19][20][21][22] Rutgers-Newark, whose campus begins in the neighborhood and lies to the west in University Heights, opened its Honors Living/Learning Center, with an interior public plaza, at Halsey between New and Linden Streets in 2022.
[28] Called "Express Newark," it includes an 'arts incubator,' media center, design consortium, print shop, portrait studio, and lecture hall, as well as exhibition and performance spaces.
The Bambergers building, now called 165 Halsey Street, has become an internet exchange point housing numerous computer systems including DE-CIX New York and Lexent Metro Connect.
This area is undergoing development following a revitalization master plan design and work completed in 2018 by Newark native Richard Meier[40] which in turn has stimulated other building and renovation projects.
Since the new millennium, many new multi-family apartment buildings have been constructed, including a project built using shipping containers[54][55] and other housing developments that are "fully affordable".
[60] Plans have been announced for the development of the Facade, an outdoor performance space, on the grounds of the South Park Calvary United Presbyterian Church.