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Assisted Living Approved Development Land
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251 Grove Ave, Verona, NJ 07044

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

Property SizeContact for details
Lot Size5.54 Acres
Days on Market502

Property Features for 251 Grove Ave

General Information

Standard status Active
Lot size 5.54 Acres
Property subtype LAND
Zoning C-2
Listing Agency: NAI James E. Hanson | Teterboro
Listed By: Gregory M. James · License #0450180
Source: Moodyscre
Added: Apr 29, 2025 Changed: Sep 9 Last Checked: Sep 12 at 6:33AM

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 NAI James E. Hanson | Teterboro

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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Current Use

DriveUp Storage Storage Facility Rina Painter Interior ... Painting Service M3 Crane Construction Company Heavy Iron Services General Contractor Verona Industries Inc Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Storage Facility Auto Parts Store (Bike/Boat/Book/etc) Store Tech Support Center

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
(973) 715-6031 Call to check price and availability
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