Development-Ready Residential Land
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
(866) 201-6210
Listed By:
TONI KAUFMANN
(866) 201-6210
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.
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 ...
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.