This Land Property is no longer advertised on LoopNet.com.
Hamilton St
Somerset, NJ 08873
MAGNOLIA 77 Unit Mixed-Use Project · Land For Sale · 1.78 AC

PROPERTY FACTS
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Mixed Use |
Total Lot Size | 1.78 AC |
DESCRIPTION
Proposed 77 Unit total 74 unit Residential with 3800 SF street retail. The Magnolia Hamilton Street Special Improvement District - 1.435 acres with Plans for The Magnolia, two 4-Story Buildings with a total of 77 units on Hamilton Street, bordering Pershing Ave and Victor Street. 74 Residential and 3 Retail spaces, on site leasing office, elevator buildings with 112 parking spaces. Projected Annual Gross Income over $1.6 million. Approval Pending July 2019. Additional info available upon request.
PROPERTY TAXES
Parcel Number | 08-00145-0000-00001 | Improvements Assessment | $5,180,000 |
Land Assessment | $2,590,000 | Total Assessment | $7,770,000 |
ZONING
Zoning Code | HBD |
Listing ID: 15250967
Date on Market: 2/22/2019
Last Updated:
Address: Hamilton St, Somerset, NJ 08873
The Land Property at Hamilton St, Somerset, NJ 08873 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.