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    60 Passaic Valley Rd Montville, NJ 07045

    For Sale
    $1,350,000

    Lots and Land - Montville Twp., NJ

    Lot size:
    3.07 Acres
    Days on Market:
    64
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 60 Passaic Valley Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RES
    Lot size
    3.07 Acres

    Building Details

    Architectural style
    Other

    NJ Signature Properties (973) 650-6365 [email protected]

    Listing agent PERRY SESSA (973) 287-6047

    Listing date Oct 13, 2025

    MLS# 3992178 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

    Montville Twp. Land Subdivision Opportunity

    This 3.07-acre property in Montville Township, NJ, presents an opportunity for builders and contractors to subdivide and construct three homes. The level lot benefits from the availability of all public utilities. An engineering report and survey are available. The location offers convenient access to New York City, shopping centers, schools, and major highways. According to information available on 10/02/25, there are no wetlands on the subject property. The zoning is RES.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Dental Office Building Supply Clothing Store Gym & Fitness Wholesale Shop Skin Care Clinic Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Montville
    County
    Morris
    State
    New Jersey
    Longitude
    -74.35148
    Latitude
    40.90015

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    FAQs

    What type of property is this?
    Land - 3.07 acre lot suitable for subdividing and building three homes.
    Where is this land located?
    The property is located at 60 Passaic Valley Rd Montville, NJ.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Opportunity to subdivide and build 3 homes.; - Level property with all public utilities available.; - Engineering report and survey available.
    (973) 287-6047
    Request Owner's contact information
    60 Passaic Valley Rd Montville, NJ 07045
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    Montville, NJ 07045
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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
    60 Passaic Valley Rd Montville, NJ 07045
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