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- LoopNet Team
74 Franklin St
Morristown, NJ 07960
74 Franklin Street · Land For Sale
·
0.46 AC
INVESTMENT HIGHLIGHTS
- Rare opportunity for development in Morristown
- .5 miles Morristown NJ Train Station (NJ transit)
- Portfolio sale / Includes lots 3, 4, and 5
- .3 miles to Morristown Memorial Hospital (1 minute walk)
- .6 miles to Morristown Performing Arts Center
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.46 AC |
| Zoning | R-3 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.46 AC |
| Zoning | R-3 |
DESCRIPTION
This is a development site. with the highest and best use purported to be multi family residential This property will ONLY be sold as part of portfolio that includes Lot 3, (76 Franklin St), Lot 4, (74 Franklin Street), anad Lot 5 (52-58 Ford Ave.) Total acreage for all 3 lots: +/- 2 acres Zoning is currently R-3 Property is located .3 miles from Morristown Memorial Hospital Purchaser would need to apply and go through the municipal process to obtain approvals for site development of anything other than permitted uses in the zone.
