Listing Agency: NAI James E. Hanson | Teterboro Show Phone

Listed By: Gregory M. James · License #0450180 Show Phone

Source: Moodyscre

Added: Apr 29, 2025 Changed: Oct 26 Last Checked: Oct 26 at 3:10PM

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Investment Insights

Based on property information with market context.

This 5.54-acre commercial land parcel has been approved as an assisted living site. The property is identified as Block 1201, Lot 12 in Essex County.

The parcel is zoned C-2 (professional office and business zone district). Assisted living facilities are allowed as a conditional use, and co-working space is permitted. The property is located at 251 Grove Ave, Verona, NJ 07044.

Key Highlights

• 5.54‑acre assisted living site with approval noted in the listing
• Zoned C‑2 (professional office and business zone district)
• Assisted living allowed as a conditional use in the C‑2 zoning described

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Big Box & Wholesale Store Restaurant Storage Facility

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

602

Businesses Nearby

Explore this area Business Placement

Demographics for 07044, NJ

14,572

Population

5,997

Households

2.4

Avg Household Size

44

Median Age

68%

College-Educated

98%

High-School Grad

2.8 sq mi

ZIP Area

5,204

Density / Sq Mi

$159,044

Median Household Income

$85,852

Median Earnings

$2,125

Median Rent

$595,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Approved assisted living site on 5.54 acres in a C-2 district allowing assisted living and co-working as specified.

Where is this commercial land located?

The property is located at 251 Grove Ave Verona, NJ.

What are key features of this property?

This property features: 5.54‑acre assisted living site with approval noted in the listing; Zoned C‑2 (professional office and business zone district); Assisted living allowed as a conditional use in the C‑2 zoning described