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1284-1286 New Jersey 23 91.17 Acres of Commercial Land Offered at $1,308,358 CAD in Sussex, NJ 07461
Investment Highlights
- 91.17-acre parcel with both open and wooded areas for versatile development options.
- Existing road cut from Route 23 and an older vacant house included as-is.
- Suitable for residential or commercial use with well and septic to be tested by buyer.
- Direct frontage and access along Route 23 between Hankins and Greenville Road.
- Billboard on-site generating approximately $4,000 in annual income.
- Caretaker currently monitors property and parks vehicles on-site.
Executive Summary
This 91.17-acre parcel along Route 23 South in Wantage, NJ offers a rare opportunity for residential or commercial development. The property features a mix of open and wooded terrain, providing flexibility for various uses. Positioned directly on Route 23 between Hankins and Greenville Road, the site benefits from strong visibility and convenient access to regional thoroughfares.
The land includes an existing road cut from Route 23 and contains an older vacant house built around 1991, offered as-is. A well and septic system are present but require buyer testing. The property also generates approximately $4,000 annually from an on-site billboard, adding an income component for investors. Additionally, a caretaker currently monitors the property and parks vehicles on-site without paying rent or lease fees.
With its size, location, and dual-use potential, this property is well-suited for developers, investors, or end-users seeking a large tract in a growing area.
The land includes an existing road cut from Route 23 and contains an older vacant house built around 1991, offered as-is. A well and septic system are present but require buyer testing. The property also generates approximately $4,000 annually from an on-site billboard, adding an income component for investors. Additionally, a caretaker currently monitors the property and parks vehicles on-site without paying rent or lease fees.
With its size, location, and dual-use potential, this property is well-suited for developers, investors, or end-users seeking a large tract in a growing area.
Property Facts
| Price | $1,308,358 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 91.17 AC |
| Zoning | NHCO | ||
| Price | $1,308,358 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 91.17 AC |
| Zoning | NHCO |
1 Lot Available
Lot
| Price | $1,308,358 CAD | Lot Size | 91.17 AC |
| Price Per AC | $14,350.75 CAD |
| Price | $1,308,358 CAD |
| Price Per AC | $14,350.75 CAD |
| Lot Size | 91.17 AC |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 24 00165-0000-00028- 01-QFARM | Improvements Assessment | $0 CAD |
| Land Assessment | $22,160 CAD | Total Assessment | $22,160 CAD |
Property Taxes
Parcel Number
24 00165-0000-00028- 01-QFARM
Land Assessment
$22,160 CAD
Improvements Assessment
$0 CAD
Total Assessment
$22,160 CAD
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1284-1286 New Jersey 23
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