725 Jerusalem Rd is a $5,500,000 property on a 1.15 acre lot located in Scotch Plains Twp., NJ.
***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.
Easement - No
Road Type (Rental and Land) - City/Town Street
Buildings Included (Land) - Residence
Improvements (Land) - No Land Improvements
Road Surface (Land) - Dirt Road
Site Description (Land) - Survey - Yes
Currently Used For (Land) - Industrial
Zoning (Land) - Light Industrial
Water (Land) - Public Water in Street
Sewer (Land) - Public Sewer in Street
Garden State Multiple Listing Service, last updated 12/10/2023 at 09:18am MST. Listing information is provided exclusively 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 by the MLS or this website.