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529 Valley Rd - 529 Valley Rd, Montclair, NJ 07043-1825 0.2 Acres of Commercial Land Offered at $699,000 in Montclair, NJ 07043



INVESTMENT HIGHLIGHTS
- Premier Location in Upper Montclair
- Proximity to Major Anchors
- Highly Visible Frontage on Valley Road
- Flexible Neighborhood Commercial (N-C) Zoning
- Strong Local Demographics
EXECUTIVE SUMMARY
Location: South end of Upper Montclair village, directly across from ACME and the Bellaire House
Lot Size: Approx. 8,700 SF / 0.20 Acres
Taxes: $20,724 (2024)
Topography: Level, at-grade with blacktop road frontage
Utilities: Public water, sewer, gas, and electric in street
Improvements: No existing structures; cleared and ready for development
Development: Site plan approval required
Possession: At closing
List Price: $699,000.00
DATA ROOM Click Here to Access
- Third Party Reports
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot 3
| Price | $699,000 | Lot Size | 0.20 AC |
| Price Per AC | $3,499,812.24 |
| Price | $699,000 |
| Price Per AC | $3,499,812.24 |
| Lot Size | 0.20 AC |
Cleared 0.20-acre commercial lot in prime Upper Montclair location. Zoned Neighborhood Commercial with street utilities. High-traffic area across from ACME and Bellaire House—ideal for development.
DESCRIPTION
Positioned in the heart of the Upper Montclair Business District, 529 Valley Road offers a rare opportunity to acquire a cleared and level 0.20-acre commercial lot with outstanding development potential. Zoned Neighborhood Commercial (N-C), this 8,700 square foot parcel is located directly across from high-traffic landmarks including ACME Market and the Bellaire House, offering exceptional visibility, walkability, and accessibility in one of Essex County’s most vibrant mixed-use corridors. Formerly the site of a bank and, prior to that, a service station dating back to the 1930s, the property has evolved with the surrounding neighborhood into a prime site for redevelopment. The lot benefits from frontage on Valley Road, a well-traveled county road with blacktop surfacing, public utilities available in the street—including water, sewer, electric, and gas—and a location designated as “at road level,” simplifying site access and construction logistics. The Neighborhood Commercial zoning permits a range of development options, including: Mixed-use buildings (residential above, retail or service uses at street level) Retail stores and restaurants Personal service establishments Offices (permitted above the ground floor) Medical and professional practices Cannabis retail (conditionally permitted) Educational play centers, churches, and certain municipal uses (subject to planning approval) Accessory uses, such as indoor/outdoor parking facilities, are also permitted if they serve the primary use. Full details of permitted and prohibited uses can be found in the Montclair Township zoning code. The site’s history reflects responsible ownership and environmental stewardship. Originally developed as a gas station and service center prior to 1934, retail gasoline operations ceased in 1986. All underground storage tanks and the service station building were removed by 1988. The property was then improved with a bank building occupied by Valley National Bank until its demolition prior to 2020, leaving the parcel vacant and shovel-ready. An environmental review completed in 2025 confirms that the site has received full regulatory closure from the New Jersey Department of Environmental Protection (NJDEP) for all historical areas of concern. The review details completed soil excavation, tank removal, and NJDEP-certified clearance for unrestricted use related to those areas. While limited long-term groundwater monitoring is in place under NJDEP guidance, the groundwater is located approximately 17 feet below the surface and is not anticipated to interfere with redevelopment. A monitoring well network remains active as a condition of closure, and its configuration can be modified with NJDEP consent to accommodate future construction. Don’t miss your chance to secure a high-profile development site in Upper Montclair. With zoning flexibility, a clean environmental record, and unbeatable location dynamics, 529 Valley Road offers everything needed to bring your next project to life.
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529 Valley Rd - 529 Valley Rd, Montclair, NJ 07043-1825
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