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$ 599,500
Est. payment /mo
Under Contract
20 High St New Providence Boro, NJ 07974
3 Beds
2.5 Baths
7,840 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 3949243
Style 2-Two Story
Bedrooms 3
Full Baths 2
Half Baths 1
Year Built 1950
Annual Tax Amount $12,729
Tax Year 2024
Lot Size 7,840 Sqft
Property Description
Attention investors and homeowners. This unique property at 20 High St, New Providence presents a rare opportunity in a sought-after location. Currently, the property has been demolished and re-zoned for single-family residential use, offering multiple possibilities for development. Proposed plans include a spacious three-bedroom, two-and-a-half-bath home with an office, open floor plan, ample parking, and a detached garage, perfect for modern living. Additional recreation space can be added by connecting the basement to the first floor. Floor plans are available in the documents section for review but have not yet been approved by the city. This property offers several investment paths. The existing structure can be renovated and expanded based on current designs, with estimated renovation bids ranging from $160,000 to $200,000. Alternatively, the structure can be demolished to build a brand-new single-family home, duplex, or multi-family residence, potentially creating a property valued at over $1 million. located just steps from shopping, dining, entertainment, and NYC train access, this prime location ensures strong future value and desirability. Sold as-is. The buyer is responsible for all municipal approvals, code compliance, violations (if any), and certifications, including the certificate of occupancy.
Location
State NJ
County Union
Zoning R2
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Available
Water Public Water
Architectural Style 2-Two Story
Schools
Elementary Schools A. Roberts
Middle Schools New Provms
High Schools New Provhs
Others
Senior Community No
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Listed by EXP REALTY, LLC