20 High Street, New Providence NJ 07974

New Providence, NJ 07974

Attention investors and say homeowners. This unique property at 20 High St, New Providence presents a rare opportunity in a sought-after location. Originally a two-family home, the property has been demolished and re-zoned for a one-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. Floorplans 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. Another option is to convert the property back into a multi-family home for rental income. Alternatively, the structure can be demolished to build a brand-new one-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.

Courtesy of EXP REALTY, LLC

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