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2701 NJ-27
1.5 Acres of Residential Land Offered at $1,100,000 in Franklin Park, NJ 08823
Property Facts
| Price | $1,100,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.50 AC |
| Price | $1,100,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.50 AC |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 1.50 AC |
| Price Per AC | $733,333 |
| Price | $1,100,000 |
| Price Per AC | $733,333 |
| Lot Size | 1.50 AC |
Description
Prime Development Site on Route 27 The property is ±1.5 Acre Lot on busy Route 27 located minutes from downtown New Brunswick, Rutgers University, RWJUH, St. Peters, Routes 1 & 18, and Princeton University. The zoning is Cluster Residential. The Following Are Permitted Uses: • Single Family Dwellings • Two-Family Dwellings • Garden Apartment Developments • Townhouse Developments • Residential Cluster Developments • Community Residences (Conditionally Approved) • Churches and Other Similar Places of Worship (Conditionally Approved) Property Features: • Prime Location Near Finnegan’s Lane • Property is ±1.5 Acres • Lot Dimensions: 100’x655’ • Development on the Left Side of the Property could have North East Facing Doors • Garden Apartments or Townhouses Might be the highest and Best Use. • Existing Residence on Site Could be Rented for Income During the Development Process • Current Real Estate Taxes: $7,461 • Asking $1,100,000 ?Please call Broker for more information or to schedule to walk the property.
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Brian Walsh -
Davis Commercial
Presented by
2701 NJ-27
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