5 Willow Ave, Far Hills, NJ 07931
This 0.41-acre residential building lot, located at 5 Willow Ave, Far Hills, NJ 07931, is zoned R-18 and presents a unique opportunity for development. Situated in the desirable Somerset Hills, this "in-town" property offers convenient access to the train station, library, shops, and restaurants. Peapack-Gladstone is known for its charming atmosphere and is consistently ranked among New Jersey's top places to live. Residents enjoy a strong sense of community, with local events, farmers' markets, and recreational facilities. The property's location provides easy access to outdoor activities, including nearby parks, trails, and equestrian facilities. This exceptional lot is being offered via online auction concluding Thursday, December 5, 2024, at 11:00 AM. The property information package can be downloaded after pre-registration. This is an excellent opportunity to build in a highly sought-after community. Somerset County location provides access to excellent schools and amenities. The property is conveniently located near various community amenities, fostering a vibrant and welcoming atmosphere.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.