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Prime Development Opportunity in Morristown
For Sale
$899,900

739 Mountain Way, Morris Plains, NJ 07950

COMMERCIAL - Morristown Township, NJ

Property SizeContact for details
Days on Market212

Property Features for 739 Mountain Way

General Information

Property type Commercial Sale
Property subtype Other
Directions Rt 10 to Miller to Mountain
Subdivision Other/Out of County
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10366
Listing Agency: MOVOTO, INC
Listed By: CHRISTOPHER COCCIA · License #9483896
Added: Jan 30 Changed: Aug 4 Last Checked: Aug 30 at 7:06PM
MLS# 604331

Copyright © 2026 South Jersey Shore Regional MLS. 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 5.25-acre parcel presents a development opportunity in a highly desirable location off Route 10 in Morristown Township, New Jersey. The property offers convenient access to major highways, shopping, dining, and transportation to New York City. The versatile layout supports a range of potential development concepts, including residential homes, townhomes, multi-unit housing, or a mixed-use concept, all subject to approvals. The front third of the property includes some wetlands, which may offer natural privacy and scenic buffers, as well as the potential for creative site planning. The remaining acreage extends deep into the lot, allowing for well-designed development possibilities. The location offers strong surrounding demographics, high demand for quality housing, and regional connectivity, making the parcel suitable for a signature project.

Key Highlights

  • Prime 5.25‑acre development opportunity in a highly desirable location.
  • Immediate access to major highways, shopping, dining, and NYC transportation via Route 10.
  • Versatile layout supports various development concepts (residential, townhomes, multi‑unit, mixed‑use - subject to approvals).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Restaurant Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby

Demographics for 07950, NJ

21,459
Population
8,460
Households
2.5
Avg Household Size
42
Median Age
65%
College-Educated
96%
High-School Grad
9.1 sq mi
ZIP Area
2,358
Density / Sq Mi
$148,469
Median Household Income
$80,217
Median Earnings
$2,549
Median Rent
$571,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 5.25-acre parcel near Route 10, ideal for development.
Where is this commercial land located?
The property is located at 739 Mountain Way Morris Plains, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Prime 5.25‑acre development opportunity in a highly desirable location.; Immediate access to major highways, shopping, dining, and NYC transportation via Route 10.; Versatile layout supports various development concepts (residential, townhomes, multi‑unit, mixed‑use - subject to approvals).
More about this property
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