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$ 1,100,000
Est. payment | /mo
0.55 Acres Lot
$ 1,100,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3936140
HOA Y/N No
Annual Tax Amount $11,000
Tax Year 2023
Lot Size 0.550 Acres
Property Description
No variance needed! This prime building site encompasses 53-59 Princeton St. and 52 Cambridge St.; Lot/Bock 731/33 and 731/1-2 making a collective 23,000 sqft. lot. Perfectly suited for townhomes, duplexes, or apartment units, the property offers excellent development potential. It is conveniently located close to major roads, schools, shopping centers, and mid-town direct train transportation, ensuring easy access and high desirability. Ideal opportunity for investors building five multifamily homes after lot subdivision or to create a 30-unit residential apartment building after lot merger.
Location
State NJ
County Essex
Zoning R3
Interior
Inclusions No Building
Building
Lot Description Irregular Lot, Level Lot, Possible Subdivision
Sewer Buyer Pays Hookup, Public Sewer on Property
Water Public Water in Street, Public Water on Property
Others
Senior Community No
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Listed by COMPASS NEW JERSEY, LLC
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