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. 2 buildings on 1 lot. Large shared parking lot. Excellent location. Live & work or rent all 5 units. Great corner visibility. Flat lot containing 2 buildings & parking lot. Paved off street + street parking. 4 units currently rented. 1 retail space currently available for lease or new owner to occupy. Being sold as is.
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.
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.