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Compass New Jersey LLC Acquires Development Site In Harding Twp. For $1.5M

42 Red Gate Road
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This Development Site property located in NJ was sold for $1,500,000 about 3 years ago. The brokers of the deal were Susan Oldendorp and Zander Oldendorp

A development site located at 42 Red Gate Rd in Harding Twp. was recently sold for $1,500,000. The property spans across 5.17 acres, resulting in a price per acre (PPA) of approximately $290,135.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $1,500,000
  • Address: 42 Red Gate Rd
  • Market: Harding Twp.
  • Acres: 5.17
  • PPA: $290,135

The sale was facilitated by Susan & Zander Oldendorp of Compass New Jersey LLC. They represented both the buyer and the seller in this transaction.

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Deals
  • Location
    42 Red Gate Rd, Morristown, Harding Township, NJ, USA42 Red Gate Rd, Morristown, Harding Township, NJ, USA
  • Sale Price
    $1,500,000$1,500,000
    $6 PPSF$6 PPSF
  • Area
    225,205 SF225,205 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Zander Oldendorp

Zander Oldendorp

Deals1
Sold$1.5M

Susan Oldendorp

Susan Oldendorp

Deals1
Sold$1.5M

Agency

Compass

Compass

Agency
Deals2902
Volume$20.9B

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Deal Summary

SALE IMAGE: Susan Oldendorp & Zander Oldendorp DATE: 02/19/2021 ADDRESS: 42 Red Gate Rd MARKET: Harding Twp. ASSET TYPE: Development Site BROKERS: Susan & Zander Oldendorp - Compass New Jersey LLC PRICE: $1,500,000 ACRES: 5.17 ~ PPA: $290,135

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42 Red Gate Road

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