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2701 NJ-27
Franklin Park, NJ 08823

$1,100,000 USD

Land For Sale  •  1.5 AC

Property Details

  • Property Type Land
  • Lot Size 1.5 AC
0 Transit Score
54 Walk Score

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:

•  Single 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 walk the property.

Public Transportation

Commuter RailDriveWalkDistance
Jersey Avenue (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit)) 11 min - 4.5 mi
New Brunswick (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit)) 11 min - 5.7 mi
AirportDriveWalkDistance
Trenton Mercer 34 min - 24.3 mi
Newark Liberty International 45 min - 34.4 mi
Brian Walsh 908-510-7089 Davis Commercial
Brian Walsh 908-510-7089 Davis Commercial