Listing Agency: EXP REALTY, LLC

Listed By: ERICA COHEN Show Phone

Source: Elliman

Added: Apr 10 Changed: Oct 25 Last Checked: Oct 25 at 2:15PM

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Investment Insights

Based on property information with market context.

This property features an oversized 0.57-acre lot, approximately 174' x 140', situated on a tree-lined residential street. The site offers potential for redevelopment, expansion, or a custom new build, with generous frontage and substantial lot depth. Located in an established neighborhood with mature trees and well-kept homes, it is suitable for a high-value project. The existing structure is a 3-bedroom, 1-bathroom Cape Cod with a large garage and full basement, providing storage or interim use during planning and development. The home is being sold in 'as-is' condition, with the value primarily in the land and its development potential. The location has a bike score of 6, indicating it is somewhat bikeable, and a walk score of 17, suggesting car dependence.

Key Highlights

• Oversized 0.57‑acre lot with generous frontage and substantial lot depth.
• Strong potential for redevelopment, expansion, or custom new build.
• Located in an established neighborhood with mature trees and well‑kept homes.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Skin Care Clinic Grocery & Convenience 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

111

Businesses Nearby

Explore this area Business Placement

Demographics for 07933, NJ

3,091

Population

1,163

Households

2.7

Avg Household Size

46

Median Age

69%

College-Educated

93%

High-School Grad

5.3 sq mi

ZIP Area

583

Density / Sq Mi

$162,538

Median Household Income

$68,627

Median Earnings

$638,000

Median Home Value

Frequently Asked Questions

What type of property is this?

Residential land & home lot - 0.57-acre lot ideal for redevelopment or custom build.

Where is this residential land & home lot located?

The property is located at 124 Gates Ave Gillette, NJ.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Oversized 0.57‑acre lot with generous frontage and substantial lot depth.; Strong potential for redevelopment, expansion, or custom new build.; Located in an established neighborhood with mature trees and well‑kept homes.