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55 River Rd 1.94 Acres of Commercial Land Offered at $8,500,000 in Chatham, NJ 07928
INVESTMENT HIGHLIGHTS
- Watchung Avenue turn right onto River Road.
- Cleared Land
EXECUTIVE SUMMARY
Chatham Borough 7 lots all contiguous for 2 acres, total "designated redevelopment area". Chathams 202 affordable house program. Included in Chathams 3rd round affordable housing plan. Minimum of 67 units. Has zoning overlay. Third round 25-2030 of 181 units. Buyer to verify with town.
PROPERTY FACTS
| Price | $8,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.94 AC |
| Zoning | M-3 - Light Industrial, residential 2-family UTILITIES ON PROPERTY | ||
| Price | $8,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.94 AC |
| Zoning | M-3 - Light Industrial, residential 2-family UTILITIES ON PROPERTY |
1 LOT AVAILABLE
Lot
| Price | $8,500,000 | Lot Size | 1.94 AC |
| Price Per AC | $4,381,443.30 |
| Price | $8,500,000 |
| Price Per AC | $4,381,443.30 |
| Lot Size | 1.94 AC |
LOTS 4-5-6-7-2-3-6 7 lots all contiguous for 2 acres, total "designated redevelopment area". Chathams 202 affordable house program. Included in Chathams 3rd round affordable housing plan. Minimum of 67 units. Has zoning overlay. Third round 25-203
1 1
PROPERTY TAXES
| Parcel Number | 04-00139-0000-00004 | Improvements Assessment | $1,000 |
| Land Assessment | $322,400 | Total Assessment | $323,400 |
PROPERTY TAXES
Parcel Number
04-00139-0000-00004
Land Assessment
$322,400
Improvements Assessment
$1,000
Total Assessment
$323,400
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55 River Rd
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