2701 State Route 27 HWY Active

Franklin,NJ 08873

$ 1100000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2411246R

Style Remarks

Annual Tax Amount $6,670

Tax Year 2022

Lot Size 1.500 Acres

Property 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: 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.

Location

State NJ

County Somerset

Zoning CR

Rooms

Other Rooms Residence,See Remarks

Exterior

Utilities Available Electricity Available,Natural Gas Available,See Remarks,Sewer Available,Water Available

Building

Lot Description See Remarks,Wetlands

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