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538 State Route 34
Matawan, NJ 07747

Oak Tree Apartments Development - 36 Units · Land For Sale · 4.20 AC

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 4.20 AC

DESCRIPTION

Gebroe-Hammer Associates is pleased to present Oak Tree Plaza, a fully approved suburban mixed-use development opportunity in the heart of affluent Old Bridge Township, New Jersey. This rare construction-ready parcel encompasses site- plan approval for one three-story apartment-home building with 36 luxurious 1 BR (760 SF), 2 BR (1,100 SF) and 3 BR (1,300 SF) layouts, of which 30 are market-rate rentals and 6 are moderate-income (COAH) designated units. Additionally, the commercial component features two separate one-story retail buildings totaling approximately 19,000 SF (9,500 each) with direct driveway access along the highly trafficked NJ Route 34, with 650 LF of frontage exposure.

ZONING

Zoning Code R-30 ~ Residential
  • Listing ID: 18242555

  • Date on Market: 1/20/2020

  • Last Updated:

  • Address: 538 State Route 34, Matawan, NJ 07747