36-40 Cedar Grove Ln
Somerset, NJ 08873
Redevelopment Project · Land For Sale
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2.78 AC
Property Facts
Description
2 Lots for sale. Each lot is approximately 1.4 acres. Currently there is a 2,700 s.f. house with walk out basement. House has 5 BR & 4BTH. Seller currently living there and in a very good condition. Value is in the location and land. Very close to 287 exit. This area is surrounded by commercial establishments, schools, house of worship, retail buildings, residentials and offices. Total frontage is approx. 210 ft. by 580 ft. deep. No wetlands in the property. A commercial grade water line had been installed by owner. Several conceptual plans available. Could develop over 20,000 sq. ft. office/medical building, or 9 single family house, or a possible cluster housing. Buyer must do their own due diligence and be responsible for any variances and approvals.
Property Taxes
| Parcel Number | 08-00424-02-00012-05 | Improvements Assessment | $426,200 |
| Land Assessment | $318,800 | Total Assessment | $745,000 |
Property Taxes
