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Residential Development Lot in Historic District
For Sale
$450,000
Pending

251 Elmwynd Dr, Orange, NJ 07050

Level corner lot totaling 0.69 acres in an R-1 zone within the Seven Oaks Historic District.

Property SizeContact for details
Lot Size0.69 Acres
Days on Market103

Property Features for 251 Elmwynd Dr

General Information

Standard status Pending
Lot size 0.69 Acres
Property subtype Land
Zoning R-1

Taxes and HOA fees

Annual Taxes $9,630
Listing Agency: COMPASS NEW JERSEY LLC
Listed By: LISA DANBROT
Source: Elliman
Added: Jul 16 Changed: Oct 25 Last Checked: Jul 16 at 7:33PM

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 COMPASS NEW JERSEY LLC

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Investment Insights

Based on property information with market context.

This level residential lot totals 0.69 acres and is located within the Seven Oaks Historic District. The property is zoned R-1 and exceeds the minimum lot size by more than twice. It is a single-lot configuration consisting of two original lots.

The site sits at the corner of Elmwynd and Austen and is surrounded by mature trees. Public remarks also note subdivision potential and convenient access to NYC transportation.

As currently presented, the offering is land only, positioned for buyers looking for a residential buildable site within a designated historic district.

Key Highlights

  • Level 0.69‑acre (30,106 SF) corner lot in the Seven Oaks Historic District
  • Zoned R‑1 and exceeds the minimum lot size by more than twice
  • Corner of Elmwynd and Austen with convenient accessibility to NYC transport

Property Analytics

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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

976
Businesses Nearby

Demographics for 07050, NJ

34,315
Population
13,412
Households
2.6
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
2.2 sq mi
ZIP Area
15,598
Density / Sq Mi
$53,109
Median Household Income
$38,587
Median Earnings
$1,427
Median Rent
$336,200
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?
Residential land & home lot - Level corner lot totaling 0.69 acres in an R-1 zone within the Seven Oaks Historic District.
Where is this residential land & home lot located?
The property is located at 251 Elmwynd Dr Orange, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Level 0.69‑acre (30,106 SF) corner lot in the Seven Oaks Historic District; Zoned R‑1 and exceeds the minimum lot size by more than twice; Corner of Elmwynd and Austen with convenient accessibility to NYC transport
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