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342 S Branch Rd - 342 S Branch Rd 4.7 Acres of Commercial Land Offered at $1,200,000 in Hillsborough, NJ 08844
Investment Highlights
- Commercial Zoning, Sewer, Water and Good Frontage. Strong Income Demographics. Highly Desired School District.
Executive Summary
Main value is in the land. Substantial single family house, possible office conversion. 2 Car Garage. Property adjoins a 2 story mixed-use apartment building. Adjoining Property is a YMCA. One Half Mild to Municipal Complex. See Attached Commercial Zoning for Wide Range of Uses. Will Meet Area and Set-back Requirements. Owner will sell subject to approval or discount for a cash transaction. Possible owner financing with 50% down. Has a useable residential home on site. Great for childcare, mechanical shop, garage. Do NOT Disturb Tenant in the Building.Financing Available With Current Residential Tenant in Place.
Property Facts
1 Lot Available
Lot
| Price | $1,200,000 | Lot Size | 4.70 AC |
| Price Per AC | $255,319.15 |
| Price | $1,200,000 |
| Price Per AC | $255,319.15 |
| Lot Size | 4.70 AC |
4.7 Acres of Land Zoned Commercial. Sewer and Water Available. Owner will sell subject to approvals. Adjoining lot is a mixed-use retail apartment building and YMCA. One of the last few parcels in town for Commercial Development. Many Uses!
Description
Property Meets Setback Requirements. Flat, Wooded Rear, Sewer & Water, Township Would be Open to Various Uses including Commercial and Mixed Use. Educated Owner will give time for Approvals. Rare Zoning of Commercial off the Main 206 Highway Opens Up a Wide Variety of Commercial Uses. Zoning is Attached.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 10-00175-18-00006 | Improvements Assessment | $187,300 |
| Land Assessment | $317,000 | Total Assessment | $504,300 |
Property Taxes
Parcel Number
10-00175-18-00006
Land Assessment
$317,000
Improvements Assessment
$187,300
Total Assessment
$504,300
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342 S Branch Rd - 342 S Branch Rd