$1,100,000
2701 State Route 27 HWY Franklin, NJ 08873
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$1,100,000
Est. payment /mo
1.5 Acres Lot
Price Dropped by $100K
2701 State Route 27 HWY Franklin, NJ 08873
UPDATED:
10/24/2024 04:03 PM
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2411246R
Style Remarks
Originating Board CJMLS API
Annual Tax Amount $6,670
Tax Year 2022
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 655.00 x 100.00
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
Topography Level
Street Surface Asphalt
Building
Lot Description See Remarks, Wetlands
Architectural Style Remarks
Others
Senior Community no
Tax ID 08000370200006
Ownership Fee Simple
Listed by DAVIS REALTORS
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