68 RIDGEDALE AVE, Morristown Town NJ 07960 Photo 1 68 RIDGEDALE AVE, Morristown Town NJ 07960 Photo 2 68 RIDGEDALE AVE, Morristown Town NJ 07960 Photo 3 68 RIDGEDALE AVE, Morristown Town NJ 07960 Photo 4 68 RIDGEDALE AVE, Morristown Town NJ 07960 Photo 5 68 RIDGEDALE AVE, Morristown Town NJ 07960 Photo 6 68 RIDGEDALE AVE, Morristown Town NJ 07960 Photo 7 68 RIDGEDALE AVE, Morristown Town NJ 07960 Photo 8

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68 RIDGEDALE AVE - Calling all savvy builders and developers! Lucrative opportunity to build in the HOT HOT HOT MORRISTOWN! A shovel-ready turn key development opportunity for 29condos w/52 parking spots $2mm profit! In the heart of one of NJ's most established & sought after neighborhoods. With Building permits approved & ready! As-is appraisal came in at $4,225,000 by Otteau appraisers & gross sell out of units at $13.4mm. Appraisal available upon request. It's not everyday you come across a true turn-key opportunity like this with over $2mm in potential profit. All documents available. Building permits are ready in the city of Morristown, environmental all clean. Turn Key ready to go! Won't Last Long! All units with descriptions are all available including plans, site plan, etc. ALL DOCUMENTS ARE AVAILABLE! TURNK KEY

Listing information

  • MLS® ID: 3495592
  • Stories: 0
  • Lot Size: 0.86
  • Subdivision: 29 Condo Units Approved
  • Style: Lot/Land
  • New Construction: No
  • Estimated Annual Taxes: $99,999,999
  • Status: Active
  • Foreclosure: No
  • County: Morris

Features

Location Residential Subdivision
Road Surface Description Gravel Road, See Remarks
Site Particulars Cleared Land - All
Water Info Public Water on Property
Zoned Info Residential Condominium/Townhouse
Listing Courtesy of Signature Realty Nj