Prime Multi-Family Development Opportunity Unlock the potential of this exceptional property, perfectly positioned for a thriving townhome development! Located in a sought-after area, this spacious parcel of land offers endless possibilities for the savvy developer. Prime Location: Access the property easily via an easement through the 466 Catering driveway from Prospect Road or through the existing HOA development. Development-Ready: The lot is clean environmentally and includes a vacant home, ready for removal or renovation. Endless Potential: With town approvals, bring your vision to life by creating a stunning multi-unit townhome community tailored to the needs of modern buyers. Convenience and Appeal: Situated near local amenities, major roadways, and community attractions, this property offers the perfect blend of convenience and charm. This is an unmissable opportunity for developers to create a legacy project in a high-demand area. Don't waitcapitalize on this rare find and build your dream development! Contact us today for more details or to schedule a viewing.
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The median home value in West Orange, NJ is $635,000. This is higher than the county median home value of $498,800. The national median home value is $338,100. The average price of homes sold in West Orange, NJ is $635,000. Approximately 68.28% of West Orange homes are owned, compared to 26.73% rented, while 4.99% are vacant. West Orange 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 West Orange real estate agent to arrange a tour today!
West Orange, New Jersey has a population of 48,480. West Orange is more family-centric than the surrounding county with 32.45% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in West Orange, New Jersey is $118,326. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in West Orange is 43.9 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 50.1 inches per year, with 25.6 inches of snow per year.