Auction Information
Online Bidding SiteAbsolute $1 Auction - 5.5AC Land Parcel
Absolute $1 Auction 5.5 AC Parcel | 8,300 VPD | $95K HH Income
Marketplace Online Auction May 02-04, 2022
Investment Highlights
5.5 AC Development Opportunity in Northwestern New Jersey Approximately 7 miles South of I-84
Zoned V-1 (Highway Village) - Allowing for Flexible Commercial Uses
Compelling Real Estate Fundamentals with a 2021 Population of 5,898 and AHHI of $94,819 (5 miles)
Absolute $1 Auction NO RESERVE!
Offering Summary
Marcus & Millichap and RI Marketplace are pleased to present a 5.5 AC undeveloped land parcel located just north of 283 US-206 in Sandyston Township, New Jersey (the Property). This Property offers an exceptional investment opportunity via development and first bid meets reserve!
The Property benefits from highly favorable and flexible Highway Village commercial zoning that allows for a very wide variety of uses. The Property is situated between US-206...
The Property benefits from highly favorable and flexible Highway Village commercial zoning that allows for a very wide variety of uses. The Property is situated between US-206 and Layton Hainesville Road, with excellent visibility on both roadways. The Property is located in Sussex County which is the northernmost county in New Jersey and part of the New York metropolitan area. The Property benefits from traffic counts of approximately 8,294 vehicles per day on US Hwy 206. As of 2021, there were approximately 5,898 residents with an average household income of $94,819 within a 5-mile radius.
Auctioneer:
Richard G. Warner
c/o Fisher Auction Company Inc.
License: 0120281