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- LoopNet Team
520-532 North Ave
Dunellen, NJ 08812
The Palette · Land For Sale
·
0.63 AC
INVESTMENT HIGHLIGHTS
- This property has a 30 year tax abatement.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 0.63 AC |
| Zoning | C | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.63 AC |
| Zoning | C |
DESCRIPTION
Marcus & Millichap is pleased to exclusively offer The Palette, a 40-unit, shovel ready project in the historic town of Dunellen, Middlesex County, New Jersey. The opportunity provides an investor entitled rights to develop a diverse bedroom type, multi- family project. The Palette is situated on 23, 284 square feet of land while offering a well-planned urban development which includes covered off street parking, community room, bike room and more. Strategically located within 0.40 miles from the Dunellen Train Station which provides daily, direct access to New York Penn Station. The location allows an investor to capitalize on the strong demographics of 244,541 people in a five-mile radius looking for new, diverse bedroom type, multi-family rentals.
