State Route 27 Highway Franklin, NJ 08873

$1,100,000
1.50
Acres
$1,100,000
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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.

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.

  • Neighborhood
  • Type
  • County
    Somerset
  • Area
    Franklin
  • Tax Amount
    $6,670
  • Status
    Active
  • Listing #
    2411246R
  • Lot Size
    1.50
  • Listed on site
    321 days

Listed by:
Davis Realtors

mls source logo Listing provided courtesy of Central Jersey MLS
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Oct 24, 20245 mos agoPrice decreased100,000 (8%)$1,100,000
Apr 29, 202411 mos agoNew on market$1,200,000
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Realtor
Photo of Tetyana Kolosovska
Tetyana Kolosovska