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Three-Lot Development Package
For Sale
$399,000

5 Davern Ave, Hazlet, NJ 07730

Three lots are offered as one package, including a separate lot and an existing house on two utility-connected lots.

Property SizeContact for details
Days on Market17

Property Features for 5 Davern Ave

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $5,346
Listing Agency: KELLER WILLIAMS REALTY MONMOUTH/OCEAN
Listed By: Troy E Davis
Source: Elliman
Added: Jul 24 Changed: Aug 8 Last Checked: Jul 24 at 7:48AM

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 KELLER WILLIAMS REALTY MONMOUTH/OCEAN

Investment Insights

Based on property information with market context.

This offering includes three residential lots sold as one package: Lot 9 (5 Davern Avenue) plus Lots 10 and 11, which include an existing house. Lot 9 is a separate lot with its own address, while Lots 10 and 11 come with the existing home and benefit from existing utility connections. The house is described as requiring significant renovation, with buyers able to renovate or rebuild subject to their own due diligence. Lots will not be sold separately.

The property is located in Hazlet and is described as being near shopping, restaurants, parks, NJ Transit, and major highways.

For an expanded development opportunity, the remarks also note that a commercial building and three additional commercial lots are available separately. (See MLS # 22622277.)

Key Highlights

  • Three lots sold as one package: Lot 9 (5 Davern Avenue) plus Lots 10 & 11 with an existing house
  • Lot 9 is a separate lot with its own address
  • Lots 10 & 11 include an existing house and benefit from existing utility connections

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Parking Lot & Garage

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

295
Businesses Nearby

Demographics for 07730, NJ

17,263
Population
6,713
Households
2.6
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
3,320
Density / Sq Mi
$122,276
Median Household Income
$62,017
Median Earnings
$1,149
Median Rent
$452,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three lots are offered as one package, including a separate lot and an existing house on two utility-connected lots.
Where is this residential land & home lot located?
The property is located at 5 Davern Ave Hazlet, 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: Three lots sold as one package: Lot 9 (5 Davern Avenue) plus Lots 10 & 11 with an existing house; Lot 9 is a separate lot with its own address; Lots 10 & 11 include an existing house and benefit from existing utility connections
More about this property
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