492 Conover Trce - Conover Terrace 6,381 Acres of Residential Land Offered at $1,101,424 CAD in Orange, NJ 07050

492 Conover Terrace, Orange, NJ is a fully approved, shovel-ready multifamily development opportunity located just minutes from the Orange NJ Transit train station. The corner property at Conover Terrace and Scotland Road comes with approved architectural plans for a modern, multi-story residential building featuring elevator service, covered on-site parking, and well-designed two-bedroom, one-bathroom units with private balconies. The project is ready to go with approvals in place, allowing a buyer to immediately commence construction and avoid entitlement risk. The site’s close proximity to the train station provides direct access to Newark, Hoboken, and New York City, making it highly attractive to commuters and supporting strong, long-term rental demand. The surrounding area continues to see significant residential investment and redevelopment, reinforcing the project’s upside and marketability. This offering is ideal for developers seeking a turnkey multifamily project in a supply-constrained Essex County market with excellent transit access. Full plans and supporting documentation are available to qualified buyers.