Mountainside, NJ Commercial land for sale

Updated: Jul 5, 2024

Redevelopment Opportunity: Large Lots For Sale

855-859 MOUNTAIN AVE Unit 1, Mountainside, NJ 07092

$4,790,000

12,000 sqft 0.50 AC lot

Redevelopment opportunity: Three large lots, including a half‑acre residential lot in Westfield and two commercial lots in Mountainside.
Prime location: Corner lot in the Gardens section of Westfield and a highly visible location in downtown Mountainside.
Existing commercial building: 12,000 sq ft bank building with three levels, elevator, and handicap access.
Ample parking: 50 parking spaces available on the commercial lots.
Zoning: Combination of commercial and residential zoning (comm/res).

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This listing looks promising.

Here's a quick look at some key insights for

855-859 MOUNTAIN AVE Unit 1, MOUNTAINSIDE, NJ 07092

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Est. Cap Rate

3.8%
NOI ÷ price
Est. NOI

$184K
Annual
Price @ 7% Cap

$2.62M
Suggested
Last Sold

Jan 2020
$1.47M

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Updated: Jul 17, 2024

Prime Redevelopment Opportunity: Three Lots

855 Mountain Ave, Mountainside, NJ 07092

$4,790,000

12,000 sqft 0.52 AC lot

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mountainside, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Large Lots Redevelopment Opportunity

855 Mountain Ave, Westfield, NJ 07092

$4,999,000

12,000 sqft 0.52 AC lot

Three large lots for sale in Westfield and Mountainside.

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Commercial Land For Sale

421 Central Ave, Westfield, NJ 07090

$200,000

Corner lot available for commercial development.

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Commercial Land in Redevelopment Zone

413-415 Cleveland Avenue, Plainfield, NJ 07060

Contact for pricing

Commercial land located in Plainfield’s redevelopment zone with easy access to Route 28 and Highway 22.

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Commercial Land in Redevelopment Zone

417-419 Cleveland Avenue, Plainfield, NJ 07060

Contact for pricing

Commercial land located in Plainfield’s redevelopment zone with easy access to major roadways.

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Mountainside, NJ Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Mountainside, NJ on our real estate platform. These investment opportunities span a total of 44,431 square feet of properties for sale, with an estimated market value of $9,580,000.

Sale prices for commercial lots in Mountainside, NJ average $4,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.