Multifamily Development Opportunity in
For Sale
$750,000
299 Reynolds Ter, Orange, NJ 07050
Approved development site for 20 residential units in Orange.
Property Size99,999 SF
Lot Size0.26 Acres
Days on Market140
Property Features for 299 Reynolds Ter
General Information
Standard status
Active
Size
99,999 SF
Lot size
0.26 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$15,108
Building Details
Building Size
99,999 SF
Year Built
9999
Stories
9999
Units
9999
Listing Agency:
HOMEQUEST REALTY GROUP, LLC
(973) 337-5170
Listed By:
RACHELE JEANLOUIS · License #0900827
Source:
Elliman
Added: Mar 24
Changed: Aug 8
Last Checked: Jul 16 at 6:43AM
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 HOMEQUEST REALTY GROUP, LLC
Investment Insights
Based on property information with market context.
This property presents a multifamily development opportunity within the City of Orange. The site has received City Resolution approval for the construction of 20 residential units, with proposed plans available for review. The lot measures approximately 50 x 220. This property is suitable for builders and investors looking for a project with existing approvals. The property is being sold strictly as a development site. Prospective buyers are responsible for conducting all due diligence, obtaining necessary permits, and completing municipal verifications.
Key Highlights
- Prime multifamily development opportunity.
- City Resolution approval for 20 residential units already in place.
- Lot size approximately 50 x 220.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,804
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved development site for 20 residential units in Orange.
Where is this residential land & home lot located?
The property is located at 299 Reynolds Ter Orange, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime multifamily development opportunity.; City Resolution approval for 20 residential units already in place.; Lot size approximately 50 x 220.
