Skip to content

50 Mountain AveChatham Twp., NJ 07928

Morris County

$1,595,000List price
1.16Acre lot
10 days agoOn market

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.

Property Information

Property type
Land
Lot size
1.16 acres
Days on market
10
MLS® Listing#
4056228

Property Features

Lot features
Level

Financial Details

Annual taxes
$10,267Tax year 2025
Assessed value
$488,000
Parcel number
2305-00039-0000-00021-0000-

Directions

River Rd to Mountain Ave

Listing Courtesy: COMPASS NEW JERSEY, LLC - 7324543007

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.

Connect with a Local Real Estate Expert