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Hamilton Blvd - Hamilton Blvd 2.25 Acres of Commercial Land Offered at $4,500,000 in South Plainfield, NJ 07080



INVESTMENT HIGHLIGHTS
- proximity to route 287 & 95 corridors
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1-4 & 6
| Price | $4,500,000 | Lot Size | 2.25 AC |
| Price Per AC | $2,000,000.00 |
| Price | $4,500,000 |
| Price Per AC | $2,000,000.00 |
| Lot Size | 2.25 AC |
2.25 acres of commercial land that has never been commercially developed or used commercially. Block 539 Lots 1, 2, 3, 4 and 6 are all adjoining lots. Two residential homes sit on two of the five lots, with the remaining three lots being vacant.
DESCRIPTION
Township is updating overlay zoning to M3 Industrial (September 2025). This will allow most Industrial usage including 50ft ceiling and 50% coverage. Permitted uses: (1) All uses permitted in the M-1 Zone. (2) The manufacture, fusing and production of quartz and of silica and quartz products; the manufacture of electrical instruments and electrical components; the manufacture and production of all types of precious and base metals and alloys in ingot form, refining, melting, casting and working of precious and base metals and alloys; manufacture and production of precious base and alloy metal products, including processing, milling, machine fabrication and assembling; manufacture and production of nonhydrocarbon chemical and catalyst products, plating compounds and solutions, diamonds and other precious stone products, brazing fluxes, light metal parts, liquid gold and other precious and base metal organic-based paints, casting compounds and cements, gas-measuring equipment and gas-generating and storage equipment. (3) Warehouse and distribution center, including sales at retail of a clearance nature; provided, however, that such sales activities occur not more frequently than one every quarter for a period, in each case, of not more than seven consecutive days' duration. (4) Lumberyards. (5) Residential uses are expressly prohibited. (6) Class 2 (Licensed Cannabis Manufacturer), Class 3 (Licensed Cannabis Wholesaler), and Class 4 (Licensed Cannabis Distributor) shall be permitted in those M-3 industrial zones as depicted in the shaded green areas of the map attached as Schedule A to this Ordinance, which map shall be available in the office of the Borough Clerk, limited to two Licensed Cannabis Manufacturers, two Licensed Cannabis Wholesalers, and one Licensed Cannabis Distributor having been granted licenses and permission of the Borough to operate at any given time. Editor's Note: Schedule A is available in the office of the Borough Clerk. [Added 8-16-2021 by Ord. No. 2207] B. Lot and yard requirements: see Schedule.[1] [1] Editor's Note: The Schedule of General Requirements is included as an attachment to this chapter. C. Off-street parking requirements: see Article VI. D. Signs: see Article VIII, § 540-54. E. Buffer zone requirements shall be the same as set forth for the M-1 Zone.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $109,300 | Total Assessment | $109,300 |
PROPERTY TAXES
Presented by
CIS Realty Group, LLC
Hamilton Blvd - Hamilton Blvd
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