400 Clove Rd Montague, NJ 07827
This exceptional 61-acre parcel presents a unique commercial development opportunity in Montague, NJ. Strategically situated at a bustling intersection, this vacant land enjoys high visibility and accessibility for commuters and tourists traveling between the Pocono Mountains, Milford, PA, Port Jervis, NY, and Route 84. The property's RCD zoning allows for a diverse range of commercial uses, providing flexibility for potential developers. Its prime location at a busy intersection ensures significant exposure to a substantial daily traffic volume, making it ideal for businesses seeking high visibility and convenient access for customers. The expansive acreage offers ample space for large-scale projects, while the clean slate provided by the vacant land allows for complete customization to suit specific development plans. This property represents a rare chance to capitalize on a high-traffic location with significant growth potential in a desirable area. The convenient access to major roadways, including interstate connections via Route 84, further enhances its appeal for businesses requiring efficient transportation links. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property is priced at $699,999.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.