$ 1,000,000
-
$1,000,000
Price -
2.1
Acre
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About the Listing MNIL03 - 3182106
Development opportunity! 2.1 acres zoned for Townhouse development at corner of Route 31/ West Franklin Ave in Pennington Boro. Concept plan is for 11 units, could be up to 16 units with creative design. Public Water and Sewer. See zoning regs on documents for specific requirements. There is a a 20% affordable housing set aside of the units for sale, 15% set aside if units are rental. Existing homes at 144 and 148 West Franklin Ave are excluded and will be subdivided. Buyer responsible for obtaining all permits. Property is located close to Timberland Middle School and Hopewell Valley Regional High School. Owner is in process of subdividing the two residential homes which are not included.
Listing Highlights for 150 West Franklin Av W Franklin Ave
Status
Active
Days on Site
77
Property Type
Vacant Land
MLS ®
NJME2082816
Year Built
Lot/Acreage
2.1
County
Mercer
School District
Hopewell Valley Regional Schools
Elementary School
Toll Gate Grammar School
Middle School
Timberlane M.S.
High School
Hoval Reg
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: Affordable Housing Overlay
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $11,042
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
150 West Franklin Av W Franklin Ave Pennington, NJ 08534
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