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$399,000
Est. payment /mo
0.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2513020R
Annual Tax Amount $1,000
Tax Year 2025
Lot Size 0.275 Acres
Acres 0.2755
Lot Dimensions 150.00 x 80.00
Property Sub-Type Residential
Source CJMLS API
Property Description
Builders and investors seize this rare opportunity in the heart of booming Somerville! This cleared and level lot on East Main Street is fully approved for a 3,800 sq ft two-story one-family home and is located within R2 residential zoning. The property offers significant upside with strong potential to pursue a variance for multi-family development, including the possibility of constructing a duplex, two-family home, or even an 8-10 unit apartment complexan option supported by existing precedent on the block. Situated on approximately 12,000 sq ft (.28 acre), this lot is surrounded by mixed-use and multi-family properties in a high-demand rental area. Enjoy a prime location within short distance to NJ Transit, downtown Somerville, shops, dining, and parks. Utilities are available at the street with frontage on East Main Street. Don't miss this exceptional opportunity in a proven high-growth corridorcontact us today!
Location
State NJ
County Somerset
Zoning r2
Rooms
Other Rooms None
Interior
Heat Source In Street
Exterior
Utilities Available Electricity Available, None
Topography Level
Street Surface Asphalt
Building
Lot Description Near Shopping, Near Train, Interior Lot, See Remarks, Cleared
Sewer In Street
Water In Street
Others
Senior Community no
Tax ID UNKNOWN
Ownership Fee Simple
Energy Description In Street
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Listed by NATIONWIDE HOMES REALTY LLC