REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 899,900
Est. payment | /mo
$ 899,900
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 604331
Annual Tax Amount $10,366
Tax Year 2025
Property Description
Prime 5.25 Acre Development opportunity in highly desirable location. Introducing a rare 5.25-acre parcel in one of the most sought-after corridors of town an exceptional opportunity for builders, investors, and vision-driven developers. Perfectly positioned just off Route 10, this property offers unmatched convenience with immediate access to major highways, shopping, dining, and NYC transportation. The land features a versatile layout that supports a wide range of potential development concepts. Whether you envision residential homes, townhomes, multi-unit housing, or a mixed-use concept (subject to approvals), the site provides the scale and location to bring a standout project to life. The front third of the property contains some wetlands, offering natural privacy, scenic buffers, and the potential for creative site planning that enhances both aesthetics and long-term value. The remaining acreage extends deep into the lot, opening the door to thoughtful, well-designed development possibilities. Opportunities of this size, in this location, rarely come to market. With strong surrounding demographics, high demand for quality housing, and excellent regional connectivity, this parcel is poised to become a signature project for the right buyer.
Location
State NJ
County Other
Community Morristown Township
Area Other/Out Of County
Listed by MOVOTO, INC
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty