Listing Agency: RE/MAX Realty 9

Listed By: William Hagan Group Show Phone

Source: Williamhagangroup

Added: Jul 24 Changed: Nov 3 Last Checked: Nov 4 at 1:34PM

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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

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Open Analytics

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

282

Businesses Nearby

Explore this area Business Placement

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

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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