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26 Stanhope Sparta Rd
Stanhope, NJ 07874
Stanhope 195 Townhome units Pending approval · Land For Sale · 55.00 AC

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INVESTMENT HIGHLIGHTS

  • BEING SOLD CONTINGENT ON FINAL APPROVALS.

EXECUTIVE SUMMARY

ASKING $30,K PER APPROVED UNIT(195 UNITS Estimated) Only track of land in area worth this type of cluster zoning. Anticipated price range for 2-3 bedroom townhome units $575,k to $825,000.
Situated in a pristine setting right next door to Lenape Valley Regional High School, 28 Stanhope Sparta Rd, Stanhope, NJ 07874. The site boasts available City Water & City Sewer.Close to Interstate 80 ( exit 27) and just minutes away from Mass transit ( Mount Arlington Train Station)

PROPERTY FACTS Under Contract

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 55.00 AC

1 LOT AVAILABLE

Lot

Price $30,000
Price Per AC $545.45
Lot Size 55.00 AC

BACK ON MARKET Situated in a pristine setting right next door to Lenape Valley Regional High School, 28 Stanhope Sparta Rd, Stanhope, NJ 07874. available City Water & City Sewer.Close to Interstate 80 exit 27 and just minutes away from Mass transit

DESCRIPTION

RAW LAND

  • Listing ID: 3933437

  • Date on Market: 4/19/2016

  • Last Updated:

  • Address: 26 Stanhope Sparta Rd, Stanhope, NJ 07874

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