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: One 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 see the property.
2411246R
Land, Other
Somerset
1.5
Acres
6
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Electricity Available, Natural Gas Available, See Remarks, Sewer Available, Water Available
School Information
Franklin Township School Distr
Exterior / Lot Features
- Parking
- Driveway.
- Lot Dimensions
- 655.00 x 100.00
- Zoning
- CR
- Additional Exterior/Lot Features
- Residence, See Remarks,. Level, See Remarks, Wetlands.
Financial Considerations
$388,200
Fee Simple
08000370200006
$6,670
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