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$899,999 Just Listed
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Property Description
Exceptional opportunity in the heart of Fanwood! Situated on an expansive parcel measuring approximately 202' x 98' x 212' x 64', this unique property offers endless possibilities for investors, builders, and buyers seeking future development potential.Currently improved with a single-family residence, the property is designated as one lot but may offer the opportunity for subdivision, subject to municipal approvals. An existing survey depicts the potential for two-plus lots; however, any subdivision approvals, applications, engineering, and associated costs shall be the responsibility of the buyer.Whether you're looking to enjoy the existing home, build your dream estate, or explore future development opportunities, this oversized property presents a rare chance to secure substantial land in a highly desirable Fanwood location. Conveniently located near transportation, schools, parks, and downtown amenities.Buyer to perform all due diligence and independently verify subdivision potential with the Borough of Fanwood.
Full Property Details
Full Property Details for 374 South Ave
General
- Price: $899,999
- Taxes: $15,200 (2025)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 4036879
- Updated: 6/25/2026
- Added to Site: 2 day(s) ago
Location
- County: Union
- Driving Directions: South Ave
- Total Lots Available: 2
School Information
- Elementary School: McGinn
- Middle School: Terrill
- High School: ScotchPlns
Utilities
- Sewer: Public Sewer on Property
- Water: Public Water on Property
- Utility Description: Gas, See Remarks, Cable TV Available, Garbage Extra Charge
Structural Information
- Existing Structures: See Remarks
Lot Features
- Lot Size: 202X98X212X64
- Street/Road Desc.: Blacktop/Asphalt Road
- Topography: Level
- Development Status: Subdivision Needed - Buyer`s Exp.
- Land Improvements: Curbs, Utilities on Property
- Present Use: See Remarks
- Zoning: Res, Residential 1 Family
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $487,200
- Improve Assmt: $175,700
- Land Assmt: $311,500
- Tax Amount: $15,200
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Survey Available
- Disclosures/Reports: Yes
- Surveyed: Yes
- Block: 91
- Lot Number: 11
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 374 South Ave
School District:Scotch Plains-Fanwood Regional School District
| Name | Grades | Distance |
|---|---|---|
William J. McGinn Elementary School 1100 Roosevelt Avenue, Scotch Plains, NJ 07076 | PK-4 | 0.3 mi |
Terrill Middle School 1301 Terrill Road, Scotch Plains, NJ 07076 | 5-8 | 1 mi |
Scotch Plains Fanwood High School 667 Westfield Road, Scotch Plains, NJ 07076 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 374 South Ave
Date
Details
Price
Change
Source
6/24/2026
Listed
$899,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 374 South Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,059
3%
$487,200
—
2023
$13,606
1%
$487,200
—
2022
$13,426
8%
$487,200
—
2022
$12,426
-5%
$487,200
—
2020
$13,140
6%
$487,200
—
2019
$12,438
1%
$487,200
474%
2018
$12,345
2%
$84,900
—
2017
$12,091
3%
$84,900
—
2016
$11,728
4%
$84,900
—
2015
$11,242
-10%
$84,900
—
2019
$12,438
16%
$84,900
—
2013
$10,759
—
$84,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 374 South Ave
374 South Ave, Fanwood, NJ 07023 (MLS# 4036879) is a Lots/Land property with a lot size of acres. 374 South Ave is currently listed for $899,999 and was received on June 24, 2026. This property is listed by Ellen Murphy from our Westfield Office.Want to learn more about 374 South Ave? Do you have questions about finding other Lots/Land real estate for sale in Fanwood? You can browse all Fanwood real estate or contact a Coldwell Banker agent to request more information.


