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492 Conover Trce
Orange, NJ 07050

$750,000 USD

Land For Sale  •  6,381 AC

Property Details

  • Property Type Land
  • Lot Size 6,381 AC
  • Zoning Central Valley Re
0 Transit Score
88 Walk Score

Description

492 Conover Terrace, Orange, NJ is a fully approved, shovel-ready multifamily development opportunity located just minutes from the Orange NJ Transit train station. The corner property at Conover Terrace and Scotland Road comes with approved architectural plans for a modern, multi-story residential building featuring elevator service, covered on-site parking, and well-designed two-bedroom, one-bathroom units with private balconies.

The project is ready to go with approvals in place, allowing a buyer to immediately commence construction and avoid entitlement risk. The site’s close proximity to the train station provides direct access to Newark, Hoboken, and New York City, making it highly attractive to commuters and supporting strong, long-term rental demand. The surrounding area continues to see significant residential investment and redevelopment, reinforcing the project’s upside and marketability.

This offering is ideal for developers seeking a turnkey multifamily project in a supply-constrained Essex County market with excellent transit access. Full plans and supporting documentation are available to qualified buyers.

Highlights

Approved plans for a 12-unit multifamily residential development
Fully entitled and shovel-ready project with no approval risk
Prime transit-oriented location just minutes from the Orange NJ Transit train station

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Highland Avenue (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit)) 0 min 1 min 0.1 mi
Orange (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Newark Liberty International 17 min - 9.7 mi
LaGuardia 47 min - 30.9 mi
John F Kennedy International 56 min - 33.7 mi
David Simon 201-538-7279 Prominent Properties Commercial
David Simon 201-538-7279 Prominent Properties Commercial