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    23 Pond School Rte Wantage Twp, NJ 07461

    For Sale
    $559,000

    Commercial - Wantage Twp., NJ

    Lot size:
    9.73 Acres
    Days on Market:
    222
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 23 Pond School Rte

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    9.73 Acres

    Building Details

    Architectural style
    Other

    Century 21 Gemini REO Group (973) 890-0500 [email protected]

    Listing agent PAUL COVELLO (973) 696-1111

    Listing date Apr 28, 2025

    MLS# 3959336 Listing URL

    Copyright © 2025 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.

    Overview

    Cleared Commercial Land on Route 23

    This 9.73-acre commercial property features cleared land suitable for various commercial businesses. Located on Route 23 Southbound, the property also borders Cemetary Road and Pond School Road. The area is experiencing growth, making it potentially suitable for a franchise project.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Wantage Twp
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.61115
    Latitude
    41.17318

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    FAQs

    What type of property is this?
    Commercial land - 9.73 acre commercial property with highway frontage in Wantage Twp.
    Where is this commercial land located?
    The property is located at 23 Pond School Rte Wantage Twp, NJ.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: - Highway Commercial property on Route 23 Southbound; - Borders two additional roads (Cemetary Rd/Pond School Road); - Located in a booming area
    (973) 696-1111
    Request Owner's contact information
    23 Pond School Rte Wantage Twp, NJ 07461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23 Pond School Rte Wantage Twp, NJ 07461
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