Development-Ready Residential Land
For Sale
$620,000
2 Oak St, Newton, NJ 07860
LAND - Newton Town, NJ
Property SizeContact for details
Lot Size5.17 Acres
Days on Market106
Property Features for 2 Oak St
General Information
Property type
Land
Property subtype
Other
Zoning
res
Lot features
Wooded Lot
Directions
Newton Sparta to Dillard to Howard to Oak
Standard status
Active
Lot size
5.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11183
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
TONI KAUFMANN
(866) 201-6210
Added: Apr 25
Changed: Jul 23
Last Checked: Aug 8 at 4:06PM
MLS# 4023239
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential land parcel includes an existing single-family residence with public water, public sewer, and electricity available on site. The property is positioned to allow development around the home, with the option to keep it in place, develop around it, and potentially resell. The survey indicates approximately 5.8 acres, while the town has it at approximately 5.17 acres, and buyers should confirm the details with the town.
The site has access from two roads, providing practical entry for future planning and site layout. Zoning is listed as residential (res), and the town indicates the zoning allows both multi-family and single-family houses. Townhouse development would require variances and engineering studies, which would be at the buyer’s expense.
For buyers and developers seeking a residential infill or expansion opportunity, this property offers a straightforward starting point with utilities already present and multiple access points. The existing home may support phased development plans, subject to approvals and buyer due diligence, including confirming acreage and all applicable requirements with the town.
The site has access from two roads, providing practical entry for future planning and site layout. Zoning is listed as residential (res), and the town indicates the zoning allows both multi-family and single-family houses. Townhouse development would require variances and engineering studies, which would be at the buyer’s expense.
For buyers and developers seeking a residential infill or expansion opportunity, this property offers a straightforward starting point with utilities already present and multiple access points. The existing home may support phased development plans, subject to approvals and buyer due diligence, including confirming acreage and all applicable requirements with the town.
Key Highlights
- 5.17 - 5.8 acres of land suitable for development.
- Zoning allows for multi‑family and single‑family houses.
- Two roads provide access to the property.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
Explore this area
Business Placement
Demographics for 07860, NJ
25,704
Population
11,473
Households
2.2
Avg Household Size
46
Median Age
40%
College-Educated
95%
High-School Grad
100.2 sq mi
ZIP Area
257
Density / Sq Mi
$104,113
Median Household Income
$53,509
Median Earnings
$1,437
Median Rent
$336,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Utilities are available on site to an existing home, with two road access points and zoning flexibility for residential development.
Where is this land located?
The property is located at 2 Oak St Newton, NJ.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 5.17 - 5.8 acres of land suitable for development.; Zoning allows for multi‑family and single‑family houses.; Two roads provide access to the property.
