2701 Highway 27

2701 Highway 27

Somerset, NJ 08873

$1,200,000
Price
65,340 / 1.5
Lot Size / Acres
a view of sky
a close view of sink

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...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.

Property Details for 2701 Highway 27

Architectural Style
Remarks
Zoning
CR
Year Built
0

Location

Listing Courtesy of DAVIS REALTORS, BRIAN T. WALSH
Add your commute
LISTING UPDATED: 04/29/2024 05:59 PM

Property Details for 2701 Highway 27

StatusActive
MLS #2411246R
Days on Market16
Taxes$6,670 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
Lot Size1.50 AC
CountySomerset County

Location

Listing Courtesy of DAVIS REALTORS, BRIAN T. WALSH
Add your commute

Building Information for 2701 Highway 27

Building Size-Lot Size1.50 AC

Payment Calculator

$7,105 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$556

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2701 Highway 27

Summary
Location and General Information
  • State Or Province: NJ
  • Topography: Level
Parking
  • Open Parking: Yes
  • Parking Features: Driveway
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $6,670.00
  • Tax Year: 2022
Property
Lot Information
  • Building Area Total: 0.0
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Lot Features: See Remarks, Wetlands
  • Lot Size Acres: 1.5
  • Lot Size Area: 1.5
  • Lot Size Dimensions: 655.00 x 100.00
  • Lot Size Square Feet: 65340.0
Property and Assessments
  • Parcel Number: 08000370200006
  • Photos Count: 3
  • Road Frontage Type: State Road, See Remarks
Utilities
  • Senior Community: No
  • Documents Available: See Remarks
  • Utilities: Electricity Available, Natural Gas Available, See Remarks, Sewer Available, Water Available
Interior and Exterior Features
Interior Features
  • Postal Code: 08873
  • Postal Code Plus4: 3891
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Other Structures: Residence, See Remarks
  • Bathrooms Total: 0
Exterior Features
  • Road Surface Type: Asphalt
  • Vegetation: Clusters of Trees

Property History for 2701 Highway 27

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2701 Highway 27

Taxable ValueLand$290,300Additions$97,900Total$388,200
Tax Record2022$6,670 ($556 / month)
Home Facts
Beds0Total Finished SqFt1,240 SqFtAbove Grade Finished SqFt1,240 SqFtStories2Lot Size65,340 SqFtStyleSingle Family ResidenceYear Built1935ZoningCRCountySOMERSETAPN08 00037- 02-00006

Schools near 2701 Highway 27

This home is within Franklin Township Public School District.
Rating
School
Type
Grades
Distance
Franklin Park Elementary School
Public - PK to 5
Sampson G Smith School
Public - 6 to 8
Franklin Twp High School
Public - 9 to 12
Claremont Elementary School
Public - PK to 5
Rating
School
Distance
Franklin Park Elementary School
PublicPK to 5

Sampson G Smith School
Public6 to 8

Franklin Twp High School
Public9 to 12

Claremont Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2701 Highway 27, Somerset, NJ 08873

2701 Highway 27 is a 1.5 ac of land for sale in Somerset, NJ 08873. This property was listed for sale on April 29, 2024 by DAVIS REALTORS, it's currently listed at $1,200,000. It has been on the market for a total of 16 days and was last sold on August 27, 2007. This listing's school district is Franklin Township Public School District. Nearby schools include Franklin Park Elementary School, Sampson G Smith School and Franklin Twp High School. 2701 Highway 27 is a 0-bed, 0-bath, 1.5 ac of land on a 65,340 sq. ft. / 1.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DAVIS REALTORS, BRIAN T. WALSH

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