2 Fairway Ave , West Orange Twp., New Jersey 07052-2205
2 Fairway Ave , West Orange Twp., New Jersey 07052-2205
$999,000
Description
Rare Development Opportunity in West Orange! Approximately 25,000 sq. ft. corner parcel in the R-6 residential zone, ideally located close to Montclair and beautiful Verona Park. The property is currently improved with an approximately 3,100 sq. ft. home offering tremendous potential, giving a purchaser multiple options to explore.Consider updating the existing home while pursuing a subdivision to create an additional building lot, or explore the possibility of removing the existing home and creating two outstanding building lots. The size and corner configuration of the property make this an especially intriguing opportunity for builders, developers and buyers with a vision.Preliminary review indicates potential for subdivision; however, no subdivision or building approvals are represented or guaranteed. Buyer is responsible for all engineering, zoning, subdivision and municipal due diligence and approvals.A unique opportunity to unlock the potential of a substantial property in an excellent West Orange location, just minutes from Montclair downtown and trains to NYC and Verona Park.
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