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    60 Morris St East Orange, NJ 07017

    For Sale
    $250,000

    Vacant lot suitable for residential or multi-family development.

    Property Features for 60 Morris St

    General Information

    Standard status
    Active

    Source: KELLER WILLIAMS PARK VIEWS Agent EYAL LEVY

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

    Overview

    Residential Lot in Developing Area

    This vacant lot presents an opportunity for building a custom home or investment property. Located in a developing area, the spacious parcel allows for construction and landscaping. Zoned for residential or multi-family use, the property offers flexibility for various projects. The lot provides access to major roads, shopping, schools, and local amenities.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    East Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2076186
    Latitude
    40.7727283

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    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot suitable for residential or multi-family development.
    Where is this residential land & home lot located?
    The property is located at 60 Morris St East Orange, NJ.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime vacant lot in a desirable, rapidly developing area.; - Zoned for residential/multi-family use, offering flexibility.; - Ample space for custom construction and landscaping.
    Request Owner's contact information
    60 Morris St East Orange, NJ 07017
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    East Orange, NJ 07017
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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
    60 Morris St East Orange, NJ 07017
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