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    12 Davis Rd Franklin, NJ 07416

    For Sale
    $595,000

    83.54 acres suitable for industrial, sports, or residential development.

    Lot size:
    83.54 Acres

    Property Features for 12 Davis Rd

    General Information

    Lot size
    83.54 Acres

    Source: COLDWELL BANKER REALTY Agent DONN MCDONALD

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    83.54 Acres in Franklin, NJ

    This property comprises three contiguous lots totaling 83.54 acres located in Franklin/Hardyston, New Jersey. The site is adjacent to the New York Susquehanna and Western Railway, offering the potential for a rail siding or spur. Approximately 30 to 35 acres of the land are usable, with the remainder consisting of uplands and some wetlands. Currently, about 20 acres are seeded for hay. The property is suitable for an industrial site, a sports facility, or residential development. Bordering a recent residential development, the site could potentially yield about 40 buildable lots if developed for residential purposes. A conceptual site plan featuring a 240,000 square foot warehouse is available. A property survey is also available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.5978643
    Latitude
    41.122669

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    FAQs

    What type of property is this?
    Land - 83.54 acres suitable for industrial, sports, or residential development.
    Where is this land located?
    The property is located at 12 Davis Rd Franklin, NJ.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Large acreage (83.54 acres) suitable for various development purposes.; - Potential for rail siding/spur due to adjacency to New York Susquehanna and Western Railway.; - Approximately 30-35 acres of usable land.
    (973) 233-2300
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    12 Davis Rd Franklin, NJ 07416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 Davis Rd Franklin, NJ 07416
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