20 Franklin Pl Summit, NJ 07901
Four buildings totaling 12,765 SF on approximately 1 acre.
Property size:
12,765 SFLot size:
0.94 AcresProperty Features for 20 Franklin Pl
General Information
- Size
- 12,765 SF
- Lot size
- 0.94 Acres
Source:
Moodyscre
Listing Agent: Ashley Rosa
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Downtown Commercial Redevelopment Opportunity
This property features four buildings, with a total area of approximately 12,765 square feet. Three of the buildings are currently occupied. Building A has an area of approximately 3,665 square feet. Building B contains approximately 6,130 square feet, including approximately 3,920 square feet on the main floor and approximately 2,210 square feet of upstairs storage space. Building C has an area of approximately 1,890 square feet, while Building D contains approximately 1,080 square feet. Existing tenants include an auto repair shop and other commercial trades. The lot size is approximately 1 acre, identified as Block 3401, Lot 18. The land use is designated for commercial buildings. Zoned R5, the site allows single-family use, and all existing commercial uses are compliant and permitted to remain. This site presents a unique redevelopment opportunity, subject to local approval, for heavy commercial use in the downtown area. The property taxes for 2023 were $26,126.30.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Summit
- County
- Union
- State
- New Jersey
- Longitude
- -74.3526901
- Latitude
- 40.7165101
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Four buildings totaling 12,765 SF on approximately 1 acre.
Where is this office building located?
The property is located at 20 Franklin Pl Summit, NJ.
What are key features of this property?
This property features: - Rare opportunity for heavy commercial use in a downtown area.; - Property consists of 4 buildings (3 occupied) totaling ±12,765 SF.; - Zoned R5, allowing single-family use and existing commercial uses to remain (CO'd).