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383 South
Fanwood, NJ 07023
The Pointe in Fanwood · Land For Sale · 0.43 AC

Investment Highlights

  • OPTIONS ARE UNLIMITED
  • OR VIEW THE HUGE LIST OF ALLOWED USSES
  • ZONING ALLOWS FOR LUXURY RESIDENTIAL UNITS

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.43 AC
Zoning CCE - Fanwood's Commercial Corridor East (CCE)

Description

383 SOUTH AVENUE is a gateway premier property nestled in the heart of the Fanwood/Scotch Plains border known as the Commercial Corridor East offering a genuine opportunity for developers, investors and 10-31 Exchanges. 1/3 mile from Downtown Fanwood and Train to NYC within 1/4 mile from city bus stops. Many options exist. The current plan allows for 26 luxury residential units with 28 parking spaces. This model is as of right and complies with zoning laws. This plan consists of 3 levels of living space at approximately 12,000 square feet per level with the parking garage below. See floor plan, survey. Optionally, permitted uses for the CCE include: retail, convenience store, personal services, bakery, deli/specialty, wine/liquor, salon, spa, fitness/health/gym, yoga/martial arts, pet grooming, pharmacy, dry cleaning/laundry, bank, candy/ice cream, restaurant/cafe, bar/tavern, office, medical, hotel/B&B, theater, museum/gallery, adult care/assisted living (conditional), day care, house of worship (conditional), art/music/dance school, government/public use, park/playground/garden, senior center, residential, outdoor dining, solar panels. Attached are survey, zoning, floor plans and plans for shade trees.

Property Taxes

Property Taxes

Parcel Number
05-00069-0000-00005
Land Assessment
$453,400
Improvements Assessment
$88,400
Total Assessment
$541,800
  • Listing ID: 27964230

  • Date on Market: 3/13/2023

  • Last Updated:

  • Address: 383 South, Fanwood, NJ 07023

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