Log In/Sign Up
Your email has been sent.
240 Littleton Rd 0.69 Acres of Commercial Land Offered at $3,000,000 in Parsippany, NJ 07054
Investment Highlights
- Prime Location in a bustling commercial district, offering great visibility and accessibility.
- Fully Approved for the construction of 20 residential units (16 market-rate and 4 affordable).
- Significant Potential for residential growth in a high-demand area.
- Expansive Lot spanning 30,622+/- sq. ft., providing ample space for development.
- Ideal for Developers looking to capitalize on the growing demand for urban residential living.
- Opportunity for Mixed Income with a blend of market and affordable housing units.
Executive Summary
Corner lot (Littleton Road & Parsippany Blvd) at signalized 4-way intersection. Located in the heart of a bustling commercial district lies this prime parcel of vacant land, offering an unparalleled opportunity for residential development. Spanning 30,622+/- square feet, this expansive lot boasts full approval for the construction of 20 residential units (16 market & 4 affordable), making it an ideal canvas for developers seeking to capitalize on the demand for urban living.
Property Facts Under Contract
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 0.69 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | O-1 - Commercial | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.69 AC |
| No. Stories | 2 |
| Zoning | O-1 - Commercial |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 0.69 AC |
| Price Per AC | $4,347,826.09 |
| Price | $3,000,000 |
| Price Per AC | $4,347,826.09 |
| Lot Size | 0.69 AC |
Corner lot (Littleton Road & Parsippany Blvd) at signalized 4-way intersection.
Description
Located in the heart of a bustling commercial district lies this prime parcel of vacant land, offering an unparalleled opportunity for residential development. Spanning 30,622+/- square feet, this expansive lot boasts full approval for the construction of 20 residential units (16 market & 4 affordable), making it an ideal canvas for developers seeking to capitalize on the demand for urban living.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 29-00412-0000-00008 | Improvements Assessment | $181,100 |
| Land Assessment | $164,200 | Total Assessment | $345,300 |
Property Taxes
Parcel Number
29-00412-0000-00008
Land Assessment
$164,200
Improvements Assessment
$181,100
Total Assessment
$345,300
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
240 Littleton Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.