New Vernon NJ Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.31 Acres
Baths:
5.00
MLS#:
3930913
Subdivision:
New Vernon

ADDITIONAL INFORMATION

Rare opportunity for investors in the center of New Vernon. 2 separate buildings on 1 lot. Total of 5 units of rentals- 2 commercial - tenants have included deli & real estate office. 3 residential apartments. Unique opportunity to own a corner in historic New Vernon center. Large shared parking lot. Excellent location. Live & work or rent all 5 units. Great corner visibility. Flat lot. Paved off street + street parking. 3 residential units currently rented. 2 retail spaces currently available for lease or new owner use. Being sold as is. 2 underground oil tanks have been removed & replaced with new above ground tanks. 1 underground oil tank currently remains & is in use, insured & insurance is transferable.

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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New Vernon Real Estate

The median home value in New Vernon, NJ is $2,425,000. This is higher than the county median home value of $546,600. The national median home value is $338,100. The average price of homes sold in New Vernon, NJ is $2,425,000. Approximately 49.7% of New Vernon homes are owned, compared to 50.3% rented, while 0% are vacant. New Vernon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Vernon real estate agent to arrange a tour today!

New Vernon, New Jersey has a population of 837. New Vernon is less family-centric than the surrounding county with 5.14% of the households containing married families with children. The county average for households married with children is 37.96%.

The median household income in New Vernon, New Jersey is $93,235. The median household income for the surrounding county is $123,727 compared to the national median of $69,021. The median age of people living in New Vernon is 44.6 years.

New Vernon Weather

The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 50.4 inches per year, with 29.2 inches of snow per year.

New Vernon Real Estate Market Conditions

  • Median sales price

    $2,425,000
    12.1% change since last quarter
  • # Active listings

    5
    30-day change

New Vernon Schools and Demographics

Education near New Vernon, NJ

Metric City County
High School Graduates 97 94.55
College Degree - 2 year 4.17 6.14
College Degree - 4 year 69.5 55.75
Graduate Degree 12.67 17.26
Expenditures per Student 25,345 25,345
Students per Teacher 10.9 10.9

Elementary Schools near New Vernon, NJ

School Grades Students P/T Ratio ZIP
Gillette Elementary School PK - 01 184 15.3 07933
Harding Township School PK - 08 306 9.1 07976
Millington Elementary School 02 - 05 332 10.8 07946
Milton Avenue School PK - 03 363 14.2 07928
Southern Boulevard School KG - 03 455 13.2 07928
Washington Avenue School PK - 03 432 14.9 07928

Middle Schools near New Vernon, NJ

School Grades Students P/T Ratio ZIP
Central Middle School 06 - 08 314 11 07980
Chatham Middle School 06 - 08 991 12.1 07928
Lafayette Avenus School 04 - 05 680 13.5 07928

High Schools near New Vernon, NJ

School Grades Students P/T Ratio ZIP
Chatham High School 09 - 12 1,190 12.4 07928

Demographics near New Vernon, NJ

Metric City County
Neighborhood Type Small town
Population 837 508,347
Population Density 882 1,104
Median Age 44.6 42.7
People per Household 2.5 2.7
Median Household Income 93,235 123,727
Average Income per Capita 89,017 61,915