Denville Residential Development Site Denville NJ

Overview

As exclusive agent, Cushman and Wakefield is pleased to offer a 100% fee interest in the Denville Residential Development Site (the “Property”) for sale.
 
Located at 3027-3045 Route 10 in Denville, NJ, this sale represents the rare opportunity to acquire a residential development site of scale in affluent Morris County. The property consists of 3 contiguous parcels totaling 20.2 acres with frontage along Route 10.
 
The property has been identified per Denville’s Master Plan for multi-family development and zoning has been put in place for 120 units comprised of 86 market rate and 24 affordable housing units.
 
The strategic location along Route 10, one of the area’s primary east/west retail and commuting corridors, allows for immediate access to Interstates 80 and 287, as well as the area’s employment centers of Morristown, Parsippany, and Florham Park. Major employers headquartered in close proximity to the site include Novartis, BASF, GAF, Honeywell, MetLife, Realogy, Prudential, and Bayer.
 
This development opportunity is being offered unpriced and bids will be accepted on an as-is, as well as subject-to approvals, basis. A call for offers date will be announced.

Investment Highlights