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Residential Land Subdivision Opportunity
For Sale
$1,350,000
Pending

60 Passaic Valley Rd, Montville, NJ 07045

Level property suitable for building three homes with public utilities.

Property SizeContact for details
Lot Size3.07 Acres
Days on Market302

Property Features for 60 Passaic Valley Rd

General Information

Standard status Pending
Lot size 3.07 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $7,652

Amenities

Level Lot
Possible Subdivision
Listing Agency: RE/MAX ELITE REALTY
Listed By: PERRY SESSA · License #229613
Source: Corcoran
Added: Oct 12, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:04AM

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 RE/MAX ELITE REALTY

Investment Insights

Based on property information with market context.

This level property presents an opportunity for builders and contractors to subdivide and construct three homes. The site benefits from the availability of all public utilities. An engineering report and survey are available. The location offers convenient access to New York City, shopping centers, schools, and major highways. A Letter of Intent (LOI) was issued on October 2, 2025. The property has no wetlands.

Key Highlights

  • Opportunity to subdivide and build 3 homes.
  • Level property with all public utilities available.
  • Engineering report and survey available.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Skin Care Clinic Big Box & Wholesale Store

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

147
Businesses Nearby

Demographics for 07045, NJ

10,573
Population
3,707
Households
2.9
Avg Household Size
48
Median Age
68%
College-Educated
96%
High-School Grad
6.6 sq mi
ZIP Area
1,602
Density / Sq Mi
$179,279
Median Household Income
$84,375
Median Earnings
$3,501
Median Rent
$647,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level property suitable for building three homes with public utilities.
Where is this residential land & home lot located?
The property is located at 60 Passaic Valley Rd Montville, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Opportunity to subdivide and build 3 homes.; Level property with all public utilities available.; Engineering report and survey available.
More about this property
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