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    OFF-MARKET
    Land

    5 Willow Ave, Far Hills, NJ 07931

    0.41 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.41 ac (17,860 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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