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76 Franklin St - 76 Franklin St. Portfolio Land Sale

0.26 Acres of Residential Land in Morristown, NJ 07960

Residential Land & Home Lots New Jersey Morristown 76 Franklin St, Morristown, NJ 07960

Investment Highlights

  • Portfolio sale / Includes lots 3, 4, and 5
  • .6 miles to Morristown Performing Arts Center
  • Rare opportunity for development in Morristown
  • .3 miles to Morristown Memorial Hospital
  • .5 miles to Morristown Train Station (NJ Transit)

Executive Summary

This is a development site. with the highest and best use purported to be multi family residential
This property will ONLY be sold as part of portfolio that includes Lot 3, (76 Franklin St), Lot 4, (74 Franklin Street) and Lot 5 (52-58 Ford Ave.).
Total acreage for all 3 lots: +/- 2 acres
Zoning is currently R-3
Property is located .3 miles from Morristown Memorial Hospital
Purchaser would need to apply and go through the municipal process to obtain approvals for site development of anything other than permitted uses in the zone.

Attachments

74,76Franklin52-58Ford_Morristown_FactSheet_052824_3

Property Facts

Sale Type Investment Property Type Land
Sale Conditions Bulk/Portfolio Sale Property Subtype Residential
No. Lots 1 Total Lot Size 0.26 AC
Sale Type Investment
Sale Conditions Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.26 AC

1 Lot Available

Lot 3

Lot Size 0.26 AC
Lot Size 0.26 AC

This lot is contiguous to lots 4 and 5 Lot is on Franklin Street. This is a development site. This property will be sold as part of portfolio that includes 3 lots for a total acreage of +/- 2 acres.

Description

This is a development site. with the highest and best use purported to be multi family residential This property will ONLY be sold as part of portfolio that includes Lot 3, (76 Franklin St) and Lot 4, (74 Franklin Street). and Lot 5 (52-58 Ford Ave.) Total acreage for all 3 lots: +/- 2 acres Zoning is currently R-3 Property is located .3 miles from Morristown Memorial Hospital Purchaser would need to apply and go through the municipal process to obtain approvals for site development of anything other than permitted uses in the zone.

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zoning

Zoning Code R-3
R-3
(973) 884-4444 x15

  • Listing ID: 31845767

  • Date on Market: 5/17/2024

  • Last Updated:

  • Address: 76 Franklin St, Morristown, NJ 07960

The Land Property at 76 Franklin St, Morristown, NJ 07960 is currently available For Sale. Contact Newmark Associates CRE, LLC for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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76 Franklin St, Morristown, NJ for sale Primary Photo- Image 1 of 3
76 FRanklin St., Morristown SURVEY-Block 4401, Lot 3
76 Franklin St, Morristown, NJ for sale Building Photo- Image 2 of 3
Morristown Zoning Map--Showing Block 4401--Lots 3, 4, 5

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76 Franklin St - 76 Franklin St. Portfolio Land Sale
(973) 884-4444 x 15

76 Franklin St - 76 Franklin St. Portfolio Land Sale

1/2

Deborah Myers

(973) 884-4444

x15

(973) 884-4444 x15

David Bieber

(973) 216-1395

(973) 216-1395

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