Mixed-Use Land for Sale in Franklin Township, New Jersey

2701 State Route 27 Franklin Township, NJ 08873

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$1,200,000
1.5 acres
Active sale agoEst $11,811/mo

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.

Directions

Located on Route 27 between Finnegan's Lane and Veronica Ave/ How Lane.

Property details

Coordinates
40.4465, -74.5267
Zoning
CR
Elevation
125 feet
MLS Number
MCMLS 2411246R
Date Listed

Parcels

  • 08000370200006

Property taxes

2022
$6,670

This 1.5-acre property is located at 2701 State Route 27 in Franklin Township, NJ 08873 with latitude 40.4465 and longitude -74.5267. The property is currently available for sale for $1,200,000 with a price per acre of $800,000. Listing data is sourced from Central Jersey MLS # 2411246R.

Verify sale details at the property source or contact Davis Realtors at (732) 254-6700.

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Listing checked and updated . Parcel data by Regrid.

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