Properties

Description

Rare opportunities in Chatham don't come along often, and a double-lot development is one of them. Originally a one-acre home, this property has been successfully subdivided into two distinct properties that can be developed with single family homes on each lot. This offers a blank canvas for a visionary builder or investor to create two custom luxury residences in highly coveted Chatham.The first lot features an existing cottage, which is a teardown to make way for a grand new build. The adjacent second lot is a pristine, vacant site ready for immediate development.This is a chance to secure a massive footprint in a premier community where land is at a premium. With the heavy lifting of the subdivision already complete, the path is clear to bring two high-end homes to life. Bring your architect and your imagination opportunities of this scale and caliber are a rare find.

Features

  • Tax Assessed Valuation: 488000

Appliances

  • Internet

Additional Info

  • Office Name: COMPASS NEW JERSEY, LLC
  • Office MLS ID: 550213
  • Agent ID: 285906
  • Tax: 10267
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Residential

Lots And Land For Sale

For Sale
$1,595,000

50 Mountain Ave, Chatham Twp., *

  • SQFT 1.16 Acre

Details

  • Property Type: Lots And Land
  • Listing Type: For Sale
  • Listing ID: 5464640
  • Price: $1,595,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Lot Area: 1.16 Acre
  • Status: Active
  • Days On Market: 18

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Morris
  • City Chatham Twp.
  • Zipcode *
  • Street: Mountain Ave
  • Street Number: 50
  • Street Direction: River Rd to Mountain Ave
  • Floor Number: 0
  • Longitude: W75° 33' 57.8''
  • Latitude: N40° 41' 59.4''
  • Internet Display Address: Yes
Property