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Off market
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  • Price Unknown

    1100 State Route 28, Somerville, NJ 08876

    5beds
    99,999sqft
    MultiFamily
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    INVESTMENT & DEVELOPMENT OPPORTUNITY in Branchburg NJ! This is a great opportunity to acquire two occupied income generating properties renovated in 2018 generating over $60K+ per year. Approved plans are available once proof of funding has been received and permits are available after an offer has been accepted for a 3 lot subdivision. On the 3rd lot there are approvals for a 9 unit affordable housing 3 floor apartment building. The city is offering a $225k grant upon completion of the building and a Certificate Of Occupancy. White Multifamily rented for $3150 pcm and the blue house in vacant. Close to all modes of transportation, Raritan Valley College, Bridgewater Mall and interstate 287/78.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Interior area
    • Total interior livable area: 99,999 sqft

    Property

    Lot
    • Size: 1.18 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Somerville
    Services availability