✨ Vacant Land | Chatham NJ❗️| Approved for Immediate Construction 🦺

An investment opportunity in Chatham, NJ. This vacant lot is 8,276.4 sq ft (0.19 acres), set in a desirable area, and has an ABV (After Build Value) of $1.55M. We have confirmed with Chatham Township that building is allowed and can be conducted immediately. Exxon has and will test the on-property test wells 4 times a year per legacy agreement. Each test takes 30 minutes to 1 hour maximum. If relocating a test well is required because of your desired build box, it will cost $12.5K per well. The lot continues to hold its value in one of the most desirable zip codes in NJ. For further information, contact Cash Deals New Jersey at 732-710-5409 or email dispositions@cashdealsnewjersey.com.

✨Property Highlights✨

Vacant Lot 

ABV of 1.55M

Lot Size: 8276.4 sqft (.19 acres) 

Zoning: R-3 

Taxes: $7,518.25 

No Flood Zone 

🛠 Utilities 🛠

Water: Public

Sewer: Public

STARTING PRICE: $589K

New Build Comps

SOLD

69 Hedges Ave, Chatham NJ, 07928- Sold $1.8M

5 Bed/3.5 Bath, 2,318 sqft

Lot Size: 7,368 sqft

39 N Summit Ave, Chatham NJ, 07928- Sold $1.5M

5 Bed/5 Bath, 2,197 sqft

Lot Size: 6,191 sqft

26 Minton Ave, Chatham NJ, 07928- Sold $1.475M

5 Bed/4.5 Bath, 2,552 sqft,

Lot size: 7,501 sqft

FOR SALE

99 N Summit Ave, Chatham NJ, 07928- For Sale $1.8M

5 Bed/4.5 Bath, 1,716 sqft

Lot Size: 9,376 sqft

18 University Ave, Chatham NJ, 07928- For Sale 1.499M

5 Bed/4 Bath, 1,320

Lot Size: 5,000 sqft

31 Jackson Ave, Chatham NJ, 07928- For Sale $1.439M

4 Bed/4Bath, 2,130 sqft

Lot Size: 9,381 sqft