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Prime Redevelopment Opportunity: Three Lots
For Sale
$4,500,000

855 Mountain Ave 1, Mountainside, NJ 07092

Three lots available for residential and commercial redevelopment.

Property Size12,000 SF
Lot Size0.50 Acres
Price / SF$375
Days on Market233

Property Features for 855 Mountain Ave 1

General Information

Standard status Active
Size 12,000 SF
Lot size 0.50 Acres
Property subtype Commercial Listing
Zoning comm/res

Building Details

Stories 2
Units 12
Listing Agency: COMPASS NEW JERSEY, LLC
Listed By: Peter DeCicco · License #278720
Source: Thedeciccogroup.idxbroker
Added: Mar 5 Changed: Oct 11 Last Checked: Oct 23 at 3:30AM

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 COMPASS NEW JERSEY, LLC

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Investment Insights

Based on property information with market context.

This offering presents a redevelopment opportunity featuring three large lots. Lot 1, a half-acre residential lot, is situated in the Gardens section of Westfield, located at the corner of Mountain Avenue and Mountainview Terrace. Adjoining Lots 2 and 3 face Mountain Avenue in downtown Mountainside. Currently, Lots 2 and 3 feature a 12,000 square foot bank building with three levels, elevator access, and handicap accessibility. The commercial building is surrounded by parking areas and vacant land. This is a redevelopment opportunity to build a home in Westfield and redevelop a visible location in downtown Mountainside.

Property Analytics

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Suggested Use

Top Pick Hair Salon Restaurant Nail Salon Auto Parts Store Grocery & Convenience Store Spa & Massage Center

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

426
Businesses Nearby

Demographics for 07092, NJ

7,082
Population
2,616
Households
2.7
Avg Household Size
47
Median Age
66%
College-Educated
97%
High-School Grad
4.0 sq mi
ZIP Area
1,771
Density / Sq Mi
$210,100
Median Household Income
$87,207
Median Earnings
$3,501
Median Rent
$755,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three lots available for residential and commercial redevelopment.
Where is this residential land & home lot located?
The property is located at 855 Mountain Ave 1 Mountainside, NJ.
What is the asking price?
The asking price for this property is $4,500,000.
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