Approved Residential Building
For Sale
$850,000
46 Mountain Ave, Chatham Twp, NJ 07928
Entitled and ready for development on a private residential street, one of two adjacent approved lots.
Property SizeContact for details
Days on Market52
Property Features for 46 Mountain Ave
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$10,267
Amenities
Irregular Lot
Wooded Lot
Listing Agency:
STREAMLINE
(973) 210-0045
Listed By:
JONATHAN GREENE
Source:
Corcoran
Added: Jun 19
Changed: Aug 8
Last Checked: Jul 15 at 9:41PM
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 STREAMLINE
Investment Insights
Based on property information with market context.
This offering consists of an approved building lot for residential development. It is one of two adjacent approved building lots, available separately or together with 50 Mountain Avenue. The minor subdivision for the lots is pending final approval by the Chatham Township Planning Board, while entitlement work has been completed, leaving the land ready for the next phase of development.
The property is located on a private residential street in Chatham Township, within an established Morris County neighborhood context where new construction regularly trades for more than $2 million, according to the public remarks. The ability to purchase one lot or combine both provides flexibility for a single-home plan or a larger development approach within the subdivision.
For buyers and builders, the practical value here is straightforward: an entitled building lot with the remaining planning-board step identified, and an option to acquire adjacent land if you prefer a broader development footprint. Whether you are planning one new residence or looking to coordinate a pair of builds with the neighboring approved lot, this site is positioned to move efficiently from approval status to construction planning.
The property is located on a private residential street in Chatham Township, within an established Morris County neighborhood context where new construction regularly trades for more than $2 million, according to the public remarks. The ability to purchase one lot or combine both provides flexibility for a single-home plan or a larger development approach within the subdivision.
For buyers and builders, the practical value here is straightforward: an entitled building lot with the remaining planning-board step identified, and an option to acquire adjacent land if you prefer a broader development footprint. Whether you are planning one new residence or looking to coordinate a pair of builds with the neighboring approved lot, this site is positioned to move efficiently from approval status to construction planning.
Key Highlights
- Entitled and ready for development on a private residential street in Chatham Township
- Minor subdivision is pending final approval by the Chatham Township Planning Board
- One of two adjacent approved building lots, available separately or together with 50 Mountain Avenue
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 07928, NJ
19,778
Population
6,837
Households
2.9
Avg Household Size
42
Median Age
83%
College-Educated
99%
High-School Grad
9.3 sq mi
ZIP Area
2,127
Density / Sq Mi
$236,000
Median Household Income
$101,563
Median Earnings
$2,441
Median Rent
$965,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled and ready for development on a private residential street, one of two adjacent approved lots.
Where is this residential land & home lot located?
The property is located at 46 Mountain Ave Chatham Twp, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Entitled and ready for development on a private residential street in Chatham Township; Minor subdivision is pending final approval by the Chatham Township Planning Board; One of two adjacent approved building lots, available separately or together with 50 Mountain Avenue
