Address
2701 State Route 27 Highway, Franklin, NJ
Price
$ 1,200,000
Property Attributes
  • MLS#2411246R
  • TypeLand
  • CountySOMERSET
  • CityFranklin
  • Zip08873
  • StyleRemarks
  • Taxes$ 6670
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.5 Acres
Data Source:
Central Jersey MLS (CJMLS)
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 $1,200,000 
Please call Broker for more information or to schedule to see the property.

Price History
4/29/2024 Listed $1,200,000

General Features

Utilities Electricity Available,Natural Gas Available,See Remarks,Sewer Available,Water Available
Zoning CR
Architectural Style Remarks
Topography Level
Property SubType Residential
Tax Year 2022
Percent Ownership Fee Simple
County Somerset
Property Type Land
Other Structures Residence,See Remarks
Status Active
ModificationTimestamp 2024-04-29T21:54:07.000Z
City Franklin
Senior Community Y/N No
Lot Size Square Feet 65340
Street Name State Route 27
Tax Annual Amount 6670
Standard Status Active

Interior Features

Street Suffix Highway
Living Area Units Square Feet

Exterior Features

Vegetation Clusters of Trees
Parking Features Driveway
Lot Features See Remarks,Wetlands
Lot Size Area 1.5
Lot Dimensions 655.00 x 100.00
Lot Size Acres 1.5
Road Surface Type Asphalt
Road Frontage Type State Road,See Remarks
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 08873

Price
AVG $400K
$1.2M
Taxes
AVG $5,672
$6,670
Visits
AVG 148
59
Data Provided by Inside Real Estate®