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660 Cranbury Rd 3.48 Acres of Commercial Land Offered at $2,000,000 in East Brunswick, NJ 08816

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EXECUTIVE SUMMARY

For Sale: ±3.48 Acres of Prime Land
660 Cranbury Rd. presents an exceptional opportunity to purchase ±3.48 Acres of Land along East Brunswicks prestigious Cranbury Rd Corridor. The property is currently improved with a residential home. Please see below:
Ideal Uses:
• Zoned R-1, making it ideal for a Residential Sub-Division.
• Places of assembly and parsonages.
• Nursery schools.
• Private, nonprofit recreational and community buildings, clubs, swimming pools and activities of a quasi public, social, fraternal or recreational character, such as golf and tennis clubs, camps, veterans or fraternal organizations which are not of a commercial character.
• Banquet Hall (Subject to Zoning Conditions)
• Hotel (Subject to Zoning Conditions)
Property Features:
• The property has 301’ of Frontage along Cranbury right, with a depth of 503’.
• Contiguous property was approved for a 100 Bed Assisted Living Facility consisting of 71,111 SF on three floors with a footprint of 28,938 SF.
• Real Estate Taxes: $14,705
• Asking Price: $2,000,000
Located across from the Middlesex County Fairgrounds and centrally equidistance from the NJTP Exits 9 & 8A, with quick access to Routes 18, 9 and 516.
Please call for more information call Broker to arrange to walk the property.

PROPERTY FACTS

Price $2,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Daycare Center
  • Medical
Total Lot Size 3.48 AC
Zoning R-1

1 LOT AVAILABLE

Lot

Price $2,000,000
Price Per AC $574,712.64
Lot Size 3.48 AC
  • Listing ID: 3960848

  • Date on Market: 7/28/2016

  • Last Updated:

  • Address: 660 Cranbury Rd, East Brunswick, NJ 08816

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