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Residential Lot in Established Neighborhood
For Sale
$650,000
Pending

124 Gates Ave, Gillette, NJ 07933

Oversized lot with redevelopment potential in Long Hill Twp.

Property SizeContact for details
Lot Size0.57 Acres
Days on Market123

Property Features for 124 Gates Ave

General Information

Standard status Pending
Lot size 0.57 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $9,303
Listing Agency: EXP REALTY, LLC
Listed By: ERICA COHEN
Source: Corcoran
Added: Apr 9 Changed: Aug 8 Last Checked: Aug 8 at 5:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY, LLC

Investment Insights

Based on property information with market context.

This property features an oversized 0.57-acre lot, approximately 174 feet by 140 feet, situated on a tree-lined residential street. The site offers frontage and substantial lot depth, presenting potential for redevelopment, expansion, or a custom new build. Located in an established neighborhood with mature trees and well-kept homes, the setting 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 flexibility for 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.

Key Highlights

  • Oversized 0.57‑acre lot (approx. 174' x 140') offering significant development potential.
  • Located in an established neighborhood with mature trees and well‑kept homes.
  • Strong potential for redevelopment, expansion, or custom new build.

Property Analytics

Current Use

Residential land & home ...

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

101
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Oversized lot with redevelopment potential in Long Hill Twp.
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 (approx. 174' x 140') offering significant development potential.; Located in an established neighborhood with mature trees and well‑kept homes.; Strong potential for redevelopment, expansion, or custom new build.
More about this property
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