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321 Nj-94 10.5 Acres of Commercial Land Offered at $2,250,000 in Vernon, NJ 07462

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INVESTMENT HIGHLIGHTS

  • Vernon Town Center

EXECUTIVE SUMMARY

This 10.5-acre mixed-use development site lies at the center of the designated Town Center District and represents the most strategically important development parcel in Vernon. Zoned for 3–4 story mixed-use development with broad by-right flexibility, the property supports multifamily, townhomes, senior housing, professional & office, and appropriate retail. Adjacent municipal and privately owned parcels further provide potential for phased expansion into a fully integrated Town Center district — strengthening economics and long-range placemaking impact. A PSPA-aligned pricing and entitlement structure offers a transparent density-based framework. Full utilities, existing roadway access, and adjacency to schools, municipal services, Mountain Creek Resort, and Vernon’s commercial corridor (State Rt. 94) support efficient development and community connectivity. It’s a blank canvas. Also – located in close proximity to Warwick, NY.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $2,250,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Hospitality
  • Apartment Units - Condo
  • Health Club
  • Medical
  • Neighborhood Center
  • Outlet Center
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 10.50 AC
Zoning TC - Vernon Town Center District is designed for mixed-use development, including commercial, retail, and residential activities.

1 LOT AVAILABLE

Lot

Price $2,250,000
Price Per AC $214,285.71
Lot Size 10.50 AC
  • Listing ID: 38653100

  • Date on Market: 12/4/2025

  • Last Updated:

  • Address: 321 Nj-94, Vernon, NJ 07462

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