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    39 Van Duyne Ave Rockaway, NJ 07866

    For Sale
    $399,000

    Commercial property with development potential and flexible HC-1 zoning.

    Lot size:
    0.29 Acres

    Property Features for 39 Van Duyne Ave

    General Information

    Standard status
    Active
    Lot size
    0.29 Acres

    Building Details

    Year built
    1914

    Source: COMPASS OF NEW JERSEY Agent JACQUELINE SCURA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land with HC-1 Zoning

    This commercial property presents a unique opportunity with HC-1 zoning, offering considerable flexibility for various ventures. The zoning accommodates retail sales, service businesses, professional or financial offices, restaurants, cafes, taverns, and other commercial uses. The property holds potential for subdivision, allowing for future development. An existing classic 3-bedroom, 1-bath Colonial home is present on the property, requiring significant repair or renovation. While the existing house can be renovated, it cannot be extended. If the house is demolished, a new home cannot be rebuilt, as the property is strictly zoned for commercial use. The current house is grandfathered in with no changes permitted. This property represents an opportunity for investment, renovation, or development within a highly versatile zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockaway
    County
    Morris
    State
    New Jersey
    Longitude
    -74.5044531
    Latitude
    40.8956779

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    FAQs

    What type of property is this?
    Commercial land - Commercial property with development potential and flexible HC-1 zoning.
    Where is this commercial land located?
    The property is located at 39 Van Duyne Ave Rockaway, NJ.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - HC-1 zoning provides incredible flexibility for various commercial uses (retail, service, offices, restaurants, etc.).; - Potential for subdivision offers future development opportunities.; - Existing 3-bedroom, 1-bath Colonial home is grandfathered in, providing immediate use (with limitations).
    (973) 588-3222
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    39 Van Duyne Ave Rockaway, NJ 07866
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    Rockaway, NJ 07866
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39 Van Duyne Ave Rockaway, NJ 07866
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