$3,600,000
For Sale

74 Morristown Rd

Long Hill, NJ 07933
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover an extraordinary opportunity with this 4.3-acre (188,615 SF) gem, perfect for developers and investors! This expansive property offers the potential to build up to 80 units, making it an exceptional investment in a sought-after location. While the existing home, with its 12 rooms including 6 bedrooms and 5 full baths, requires some TLC to restore its former glory, the land itself holds immense value. Features include a large living room with a fireplace, a formal dining room, and a kitchen with a central island. Two master bedrooms each boast a full bath and an oversized Jacuzzi. The fully finished basement adds extra space for various needs. With lake access, this property presents a unique chance to create a stunning residential development or enhance the existing home. Sold as-is, this diamond in the rough awaits the right buyer to realize its full potential. Don't miss out on this incredible opportunity!

  • Property Details
      • Property TypePurchase
      • MLS #3912700
      • Cost3600000
      • MLS #3912700
      • Property SubtypeLND

Location

Stephen CamposReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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