5 Frontage Rd - Designated Affordable Housing Development 85 Acres of Residential Land Offered at $10.00 in Clinton, NJ 08809

5 Frontage Road presents an exceptional residential development opportunity in Clinton, New Jersey, offering 85 acres of land formally recognized by Union Township as a strategic location for future residential growth. The property is one of only two sites designated for potential Multifamily Inclusionary Overlay zoning, subject to sewer infrastructure and capacity, positioning it for meaningful upside as municipal planning and infrastructure priorities advance.

As part of the Township’s Fair Housing Settlement Agreement, 5 Frontage Road has been identified as a realistic location for future residential development at a planned density of up to 8 dwelling units per acre. The MFO District permits development of both multifamily residential buildings and townhouses, with 20% of dwelling units designated as affordable housing for low- and moderate-income households in accordance with New Jersey affordable housing regulations and the Fair Housing Act.

The Township has committed to reserving and prioritizing newly available sewer capacity for the property, supporting and endorsing applications to the New Jersey Department of Environmental Protection for the infrastructure needed to provide sewer service, and implementing the MFO District once allocation is secured. These commitments create a defined path for future entitlement progress while reinforcing the site’s importance within Union Township’s housing strategy.

The site’s prime location in Hunterdon County further strengthens the investment case. The property offers convenient access to Interstate 78 and is approximately 14 miles from Easton, Pennsylvania. Annandale and High Bridge commuter rail stations are less than 10 minutes away, enhancing regional connectivity for future residents.

The Hunterdon County Multifamily Submarket has maintained a 7.7% vacancy rate with average annual rent growth of 3.4% over the past five years, while the construction pipeline remains below historic levels. This imbalance creates an opportunity to deliver new housing inventory into a competitive submarket with limited near-term supply.

Within 5 miles of the 5 Frontage Road, Clinton presents favorable demographics supporting new development. The area has a growing population of more than 31,800, average household income above $167,000, a median home value of $468,159, and more than $500 million in annual consumer spending, including over $87.9 million in household-related categories. Combining a well-connected site, municipal infrastructure priority, and strong demand fundamentals, 5 Frontage Road offers a premier opportunity for residential development in a high-income New Jersey market.

Contact Bruce Feld at 908-625-9005 or bmfeld@comcast.net with any inquiries.