725 Jerusalem Rd, Scotch Plains Twp., NJ, 07076

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$5,500,000
146 Days Online

725 Jerusalem Rd
Scotch Plains Twp., NJ 07076

For Sale|Land|Active
County:
Union

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***DEVELOPMENT OPPORTUNITY*** This beautiful 2.58 + acres of land located in the desirable town of Scotch Plains is approved for a development of 47 townhouse units. This project is a part of the towns affordable housing obligation. Out of the 47 units, a twenty percent (20%) inclusionary set aside was established to create nine (9) affordable units. The property offers a desirable location for future homeowners, with public transportation, shopping, and schools within easy driving distance. With the area's strong education system, bustling downtown, and convenient suburban atmosphere, these future new townhouses are sure to be well-received. This piece of land is an ideal development opportunity for builders.In addition, this property is zoned light industrial and provides a great opportunity for a contractor's yard. It offers a large and secure space with ample room to store a variety of machinery, tools, and materials. With direct access to major roads, the property is easily accessible for pickups and deliveries. Whatever your storage needs, this contractor's yard is the perfect choice for keeping your equipment safe and secure. Three (3) lots included. Lots 13, 16.02 and 14.01.

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Listing Snapshot
Price 
$5,500,000
Days Online 
146 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.15 Acres
Year Built 
N/A
MLS Number 
3841682
Status 
Active
Property Tax 
$20,223
HOA/Condo/Coop Fees 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
5 months agoListing first seen online
General Features
Adult Community 
No
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Listing courtesy of SIGNATURE REALTY NJ 973-921-1111

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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725 Jerusalem Rd, Scotch Plains Twp., NJ, 07076 | Central New Jersey Real Estate