Property Showcase

68-74 RIDGEDALE AVEMorristown Town, NJ 07960 0

$3,649,000
Vacant Land
Status: Active
  • Sqft:
  • Lot:0.86acres
  • MLS#: 3495592
40.7994384765625-74.468948364257812
Courtesy Of SIGNATURE REALTY NJ

Description:

Calling all savvy builders and developers! Lucrative opportunity to build in the HOT HOT HOT MORRISTOWN! A shovel-ready turn key development opportunity for 29condos w/52 parking spots $2mm profit!In the heart of one of NJ's most established & sought after neighborhoods. With Building permits approved & ready! As-is appraisal came in at $4,225,000 by Otteau appraisers & gross sell out of units at $13.4mm. Appraisal available upon request. It's not everyday you come across a true turn-key opportunity like this with over $2mm in potential profit. All documents available. Building permits are ready in the city of Morristown, environmental all clean. Turn Key ready to go! Won't Last Long! All units with descriptions are all available including plans, site plan, etc. ALL DOCUMENTS ARE AVAILABLE! TURNK KEY

Main Features:

Listing Status Active County morris
Taxes $100,000,000.00 Tax Year 2017
Rental Price $0 Zoning Res Condos
Subdivision 29 Condo Units Approved

Additional Features:

Documents Available Aerial Photo(s)
Appraisal
Boundary Line Survey
Building Plans
Cost Estimates
Engineering Report
Site Plan
Subdivision - Final Approved
Easements Unknown
Location Residential Subdivision
Road Surface Gravel Road
See Remarks
Sewer Public Sewer on Property
Site Description Cleared Land - All
Water Public Water on Property
Zoning Residential Condominium/Townhouse

Extra Features:

Acres 0.86 Assessment Building 99999999
Assessment Land 99999999 Number Of Lots 4
Possession closing Tax Assessment 99999999
Tax Block 702 Tax Property ID 11
Tax Rate 2.760 Tax ID 2324-00702-0000-00011-0000-

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Information deemed reliable but not guaranteed.
Copyright© 2018 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
Last Updated On: 12/16/2018 2:16:47 AM

68-74 RIDGEDALE AVE, Morristown Town, NJ 07960

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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Information deemed reliable but not guaranteed.
Copyright© 2018 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
Last Updated On: 12/16/2018 2:16:47 AM

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