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597 Morris Ave - Springfield Approved Development Site 0.83 Acres of Residential Land Offered at $4,000,000 in Springfield, NJ 07081
Investment Highlights
- 38 Units Fully Approve 55+ Community
- Walk to Train Station
- Springfield on the Millburn Border
Property Facts
| Price | $4,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units - Senior |
| No. Lots | 1 | Total Lot Size | 0.84 AC |
| Price | $4,000,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Senior |
| Total Lot Size | 0.84 AC |
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 0.83 AC |
| Price Per AC | $4,819,277.11 |
| Price | $4,000,000 |
| Price Per AC | $4,819,277.11 |
| Lot Size | 0.83 AC |
Fully Approved 28 Units (55+ Community) in Springfield NJ on the Millburn Border. Existing building (Scotty's) demolished and land ready to go.
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 17-00505-0000-00001 | Improvements Assessment | $1,231,000 |
| Land Assessment | $598,900 | Total Assessment | $1,829,900 |
Property Taxes
Parcel Number
17-00505-0000-00001
Land Assessment
$598,900
Improvements Assessment
$1,231,000
Total Assessment
$1,829,900
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Photos
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597 Morris Ave - Springfield Approved Development Site