Property profile

5 Willow Ave Far Hills, NJ 07931

OFF-MARKET
Land
0.41 ac lot
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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

Location

5 Willow Ave Far Hills, NJ 07931
Far Hills metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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