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Single-Family

$1 Auction – 2.5 AC New York MSA | $185K HH Income

321 Dover Chester Rd, Randolph, NJ 07869

Listing Price: $1

Lot Size
2.50 acres
Price/Acre
$0
Land Type
Land

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap and RI Marketplace are pleased to present a ±2.5 AC undeveloped land parcel located at 321 Dover Chester Road in Randolph, New Jersey (the “Property”). This Property benefits from residential-single family zoning and offers an exceptional investment opportunity in an affluent market with a short 30-mile commute to New York City. The Property is in Randolph Township in Morris County, New Jersey approximately 30 miles west of New York City. The Property is situated near the signalized intersection of Dover Chester Road and Calais Road and benefits from combined traffic counts of ±16,167 vehicles per day. Interstate 80 with direct access to New York City is less than 5 miles from the Property and nearby retailers include Walmart, Kohl’s, Home Depot, Burlington, At Home, Starbucks, Petco, and many others. As of 2022, there were approximately 71,027 residents with a median household income of $185,162 within a 5-mile radius.

Investment Highlights

  • ABSOLUTE $1 AUCTION | ±2.5 AC | AUCTION OCTOBER 17-19, 2022
  • Development Opportunity in North Jersey Approximately 30 Miles West of New York City
  • Zoned Residential-Single Family, R-1
  • Compelling Real Estate Fundamentals with a 2022 Population of ±71,027 and Median Household Income of ±$185,162 (5-Miles)
  • Median Randolph Home List Price = $674,900
  • Absolute $1 Auction – NO RESERVE!

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Single-Family

$1 Auction – 2.5 AC New York MSA | $185K HH Income

Listing Price: $1

Lot Size
2.50 acres
Price/Acre
$0
Land Type
Land

Investment Highlights

  • ABSOLUTE $1 AUCTION | ±2.5 AC | AUCTION OCTOBER 17-19, 2022
  • Development Opportunity in North Jersey Approximately 30 Miles West of New York City
  • Zoned Residential-Single Family, R-1
  • Compelling Real Estate Fundamentals with a 2022 Population of ±71,027 and Median Household Income of ±$185,162 (5-Miles)
  • Median Randolph Home List Price = $674,900
  • Absolute $1 Auction – NO RESERVE!

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap and RI Marketplace are pleased to present a ±2.5 AC undeveloped land parcel located at 321 Dover Chester Road in Randolph, New Jersey (the “Property”). This Property benefits from residential-single family zoning and offers an exceptional investment opportunity in an affluent market with a short 30-mile commute to New York City. The Property is in Randolph Township in Morris County, New Jersey approximately 30 miles west of New York City. The Property is situated near the signalized intersection of Dover Chester Road and Calais Road and benefits from combined traffic counts of ±16,167 vehicles per day. Interstate 80 with direct access to New York City is less than 5 miles from the Property and nearby retailers include Walmart, Kohl’s, Home Depot, Burlington, At Home, Starbucks, Petco, and many others. As of 2022, there were approximately 71,027 residents with a median household income of $185,162 within a 5-mile radius.

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

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