Commercial

Verona, NJ Commercial Land for Sale

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Assisted Living Approved Development Land
Updated: Apr 29, 2025
Assisted Living Approved Development Land

251 Grove Ave, Verona, NJ 07044

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5.54 AC lot
5.54‑acre assisted living site with approval noted in the listing
Zoned C‑2 (professional office and business zone district)
Assisted living allowed as a conditional use in the C‑2 zoning described
Co‑working permitted use per the C‑2 zoning language provided
County: Essex; Block 1201, Lot 12
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Verona, 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.

East Orange Land For Sale
East Orange Land For Sale

68 Dodd St, East Orange, NJ 07017

$315,000
1,050 sqft

Commercial land in East Orange, ready for development.

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15-Car Commercial Parking Lot
15-Car Commercial Parking Lot

184 N Park St, East Orange, NJ 07017

$1,200,000
0.07 AC lot

The parcel is offered with a neighboring laundromat building, business, and equipment.

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Commercial Corner Lot
Commercial Corner Lot

194 Eagle Rock Ave #1, Roseland, NJ 07068

$675,000
1,280 sqft

The parcel includes a large parking area and carries B1 zoning.

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Roseland Corner Lot For Sale
Roseland Corner Lot For Sale

194 Eagle Rock Ave, Roseland, NJ 07068

$675,000

Corner lot in Roseland with B1 zoning and parking.

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Verona, NJ Commercial Land Market Trends and Statistics

Explore 1 commercial land for sale in Verona, NJ on our real estate platform. These investment opportunities span a total of 241,322 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 3

Demographics Overview

Population 14K
Population Growth (5Y) +6.0%
Median Household Income $159,044
College Educated 97.6%

Taxes & Financing

Tax Rate (average for all types) 3.03%
Property Tax per SF $8.37 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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