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$ 999,000
Est. payment | /mo
0.5 Acres Lot
$ 999,000
Est. payment | /mo
0.5 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4048443
HOA Y/N No
Annual Tax Amount $20,837
Tax Year 2025
Lot Size 0.500 Acres
Property Description
Rare Development Opportunity in West Orange! Approximately 25,000 sq. ft. corner parcel in the R-6 residential zone, ideally located close to Montclair and beautiful Verona Park. The property is currently improved with an approximately 3,100 sq. ft. home offering tremendous potential, giving a purchaser multiple options to explore.Consider updating the existing home while pursuing a subdivision to create an additional building lot, or explore the possibility of removing the existing home and creating two outstanding building lots. The size and corner configuration of the property make this an especially intriguing opportunity for builders, developers and buyers with a vision.Preliminary review indicates potential for subdivision; however, no subdivision or building approvals are represented or guaranteed. Buyer is responsible for all engineering, zoning, subdivision and municipal due diligence and approvals.A unique opportunity to unlock the potential of a substantial property in an excellent West Orange location, just minutes from Montclair downtown and trains to NYC and Verona Park.
Location
State NJ
County Essex
Zoning R-6
Building
Lot Description Level Lot, Possible Subdivision
Sewer Public Sewer on Property
Water Public Water on Property
Schools
High Schools W Orange
Others
Senior Community No
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Listed by COLDWELL BANKER REALTY
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Armando Pina
International Realtor & CEO of The Pina Group License ID: 2191407