Property Price
$399,000
Rooms
0
Bedrooms
0
Bathrooms
0
Tax Annual Amount
$1000
Lot Size Area
0.2755
MLS Status
Active
MLS #
2513020R
Builders and investors seize this rare opportunity in the heart of booming Somerville! This cleared and level lot on East Main Street is fully approved for a 3,800 sq ft two-story one-family home and is located within R2 residential zoning. The property offers significant upside with strong potential to pursue a variance for multi-family development, including the possibility of constructing a duplex, two-family home, or even an 8-10 unit apartment complexan option supported by existing precedent on the block. Situated on approximately 12,000 sq ft (.28 acre), this lot is surrounded by mixed-use and multi-family properties in a high-demand rental area. Enjoy a prime location within short distance to NJ Transit, downtown Somerville, shops, dining, and parks. Utilities are available at the street with frontage on East Main Street. Don't miss this exceptional opportunity in a proven high-growth corridorcontact us today!
Days On Market
1
Lot Size Dimensions
150.00 x 80.00