109 Stirling Rd – Warren NJ Development Opportunity Available

  • $488,000
RESIDENTIAL
Current Property Type: Single-Family Residential
County: Somerset
ACROSS FROM THE HIGHSCHOOL
Zoning: R65
County Land Use Code: 2
Lot Size: 6.97 acres
Lot Area: 303,613 SqFt.
Block: 114
Lot Number: 27
District: 20
Municipality: WARREN TWP

 

The current taxes are $6572
Lot 247’ x 1142’ x 243’ x 1135’
Utilities at street

This nearly 7-acre lot possible subdivision.
Anywhere from 3 to 4 houses subdivided
Homes in the area go from $700-$900,000 depending upon the condition
New construction always more … the lot is 1135 feet long by 243 feet wide at its smallest points.

Located in a residential neighborhood across from the high school as well as conveniently close to all major highways for transportation
  • Currently, a single-family home tear down on the property
  • Buyer must do all due diligence
  • No current surveys available
  • Township seems eager for development
  • No other available large lots in the area
  • Required lot square footage is 1 1/2 acres with 150 feet of frontage
    Similar development happening in the area
  • Lot is located down the block from the Woodland school (k-5) which is a 9/10 school for test scores with 5 star reviews
  • Also located nearby is the Watchung Hills regional high school
  • As of March 2021 the median price per square-foot is $236
  • Average Days on market is 11 days with a median sale price of $850,000
  • Current land prices are at $695,000 for 1.2 acres – $3.5 million dollars for 17 acres $5.5 million for 34 acres

And currently listed not too far away from subject property is a  listing at $455,000 for 1.25 acres

ASKING PRICE $488,000
Buyer responsible for all testing and surveys
Price:
$488,000
Address:
109 Stirling Rd
Warren, NJ 07059
Terms:
Assignment of Contract
Property Type:
Land

Call (609) 807-1497 for more details

Property Location