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    466 Mount Hope Ave Rockaway, NJ 07886
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    466 Mount Hope Ave, Rockaway, NJ 07886

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    • Land
    • 4.42 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 466 Mount Hope Ave

    Lot size
    4.42 lot acres
    Property type
    Land

    Description

    This exceptional 4.42-acre commercial development site in Rockaway, New Jersey, presents a unique investment opportunity. Located at 466 Mount Hope Avenue, this property boasts unparalleled visibility and accessibility due to its prime location directly across from the Rockaway Town Square Mall and its convenient, easy on/off access to Route 80, a major thoroughfare with a high traffic count of 111,046 vehicles per day. The site has already received approval for a 10,000 square foot restaurant. Further enhancing its potential, a liquor license is available with the property. This versatile parcel offers numerous development possibilities, making it ideal for a variety of commercial ventures. Its size and location in Morris County, New Jersey, within the 07886 zip code, ensure significant exposure and potential for high returns. The property's zoning and permitted uses should be independently verified. This is a rare chance to acquire a strategically positioned commercial land parcel with significant development potential in a thriving New Jersey market. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Rockaway
    County
    Morris
    State
    New Jersey
    Longitude
    -74.545896
    Latitude
    40.901845
    More about this property
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