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    Pond School Rd Wantage, NJ 07461

    For Sale
    $599,000

    Commercial property with endless possibilities in a booming area.

    Source: Century 21 Gemini Realty, LLC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleared Commercial Land on Highway

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

    Current Use by Public Records

    Commercial land

    Map

    City
    Wantage
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.5956576
    Latitude
    41.1826303

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    FAQs

    What type of property is this?
    Land - Commercial property with endless possibilities in a booming area.
    Where is this land located?
    The property is located at Pond School Rd Wantage, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    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.; - Cleared land ready for development.
    (973) 696-1111
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    Wantage, 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
    Pond School Rd Wantage, NJ 07461
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