Sid Shah - Coldwell Banker Hearthside
53 Route 23 #0
Franklin Boro, NJ 07416

Description

Prime Location Zoned Highway Commercial which allows for Motel, Mixed-use, Retail & more. Seller has concept engineering site plan footprint 5992 SF 2-story Building (35 U Motel - Underground Garage). Owner has NJ DEP LOI for wetlands. Marquis Sign & Posts Remain. All utilities available, high visibility. Town is flexible for use. Buyer to bear all cost & expense for site plan approvals to redevelop. One of the last 1.4 acres on State Highway to Develop. In 2017 Lot 13 Assessment was Lowered by $153,900, taxes reduced by approx. $5600 per year.

Details

MLS#3456422
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site234

Features

Story(s)0
ZoningHighway Comm

Additional Information

Annual Tax Amount10956
Assesed Tax Valuation301000
Tax ID3.640
Tax Rate2017

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Area Information

StateNJ
CountySussex
CityFranklin Boro
Zip Code07416
AreaSussex
Listing VS Median (in 07416)
Price:
$808,000
low | high
Med:
$160,000
100% of Average
On Site:
234
low | high
Med:
72
100% of Average
Listing Updated: 11/16/2018
MLS Number: 3456422
Listing Provided By:
BRACKEN ROBERT J.  of  TELRIDGE ASSOCIATES