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$225,000
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Property Description
Presenting a prime vacant lot located in the highly desirable Seven Oaks section of Orange, NJ, directly across from the scenic Monte Irvin Orange Park. This rare opportunity offers the ability to construct a custom single-family residence in one of the most sought-after and historic neighborhoods in the city. Known for its tree-lined streets, architectural charm, and upscale appeal, Seven Oaks remains a top-tier destination for discerning buyers seeking privacy, character, and proximity to green space. This parcel is already zoned for a single-family home and includes approved architectural and floor plans by the City of Orange, with final approval and variance secured for a 3,027 sq. ft. single-family dwelling. This dramatically reduces time, risk, and uncertainty in the development process and positions the next owner to move directly into the next phase of building. Opportunities like this are extremely limited secure land in a coveted location, capitalize on the existing approvals, and bring a vision to life at one of Orange's most prestigious addresses.
Full Property Details
Full Property Details for 389 Olcott St
General
- Price: $225,000
- Taxes: $2,330 (2024)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 3997058
- Updated: 11/10/2025
- Added to Site: 67 day(s) ago
Location
- County: Essex
- Driving Directions: 389 Olcott Street, Orange, NJ 07050.
- Total Lots Available: 1
Utilities
- Sewer: Public Sewer in Street
- Water: Public Water in Street
Lot Features
- Lot Size (Acres): 0.1
- Lot Size: 4478 SF
- Street/Road Desc.: Public Maintained Road
- Present Use: See Remarks
- Zoning: Residential 1 Family
- Lot Description: Irregular Lot, Level Lot
Financial Considerations
- Assessment Amount: $59,600
- Improve Assmt: $5,900
- Land Assmt: $53,700
- Tax Amount: $2,330
- Tax Year: 2024
Disclosures and Reports
- Block: 4701
- Lot Number: 13
Listed by Signature Realty Nj
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Schools
Schools serving 389 Olcott St
School District:Orange City Township School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 389 Olcott St
Date
Details
Price
Change
Source
11/10/2025
Listed
$225,000
—
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 389 Olcott St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,330
13%
$59,600
—
2022
$2,066
-26%
$59,600
—
2021
$2,809
3%
$59,600
23%
2020
$2,725
7%
$48,600
—
2018
$2,542
-2%
$48,600
—
2019
$2,583
9%
$48,600
—
2017
$2,367
2%
$48,600
—
2016
$2,322
3%
$48,600
—
2015
$2,261
142%
$48,600
—
2013
$934
—
$48,600
—
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 389 Olcott St
389 Olcott St, Orange, NJ 07050 (MLS# 3997058) is a Lots/Land property with a lot size of 0.10 acres. 389 Olcott St is currently listed for $225,000 and was received on November 10, 2025. Want to learn more about 389 Olcott St? Do you have questions about finding other Lots/Land real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.

