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2 Oak St, Newton, NJ, 07860
Development-Ready Residential Land Parcel

2 Oak St Newton, NJ 07860

For Sale
$620,000

LAND - Newton Town, NJ

Lot Size5.17 Acres
Days on Market94

Property Features for 2 Oak St

General Information

Property type
Land
Property subtype
Other
Zoning
res
Standard status
Active
Lot size
5.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
11183

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency: EXP REALTY, LLC
Listed By: TONI KAUFMANN
Added: Apr 25 Changed: Jul 23 Last Checked: Jul 27 at 6:06AM
MLS# 4023239

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This residential land parcel includes an existing single-family residence with public water, public sewer, and electricity available on site. The property is positioned to allow development around the home, with the option to keep it in place, develop around it, and potentially resell. The survey indicates approximately 5.8 acres, while the town has it at approximately 5.17 acres, and buyers should confirm the details with the town.

The site has access from two roads, providing practical entry for future planning and site layout. Zoning is listed as residential (res), and the town indicates the zoning allows both multi-family and single-family houses. Townhouse development would require variances and engineering studies, which would be at the buyer’s expense.

For buyers and developers seeking a residential infill or expansion opportunity, this property offers a straightforward starting point with utilities already present and multiple access points. The existing home may support phased development plans, subject to approvals and buyer due diligence, including confirming acreage and all applicable requirements with the town.

Key Highlights

  • 5.17 - 5.8 acres of land suitable for development.
  • Zoning allows for multi‑family and single‑family houses.
  • Two roads provide access to the property.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Land - Utilities are available on site to an existing home, with two road access points and zoning flexibility for residential development.
Where is this land located?
The property is located at 2 Oak St Newton, NJ.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 5.17 - 5.8 acres of land suitable for development.; Zoning allows for multi‑family and single‑family houses.; Two roads provide access to the property.
More about this property
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