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Approved Residential Building Lot
For Sale
$325,000

566 Garfield Ave, Somerset, NJ 08873

Vacant, fully approved parcel on Garfield Avenue, ready for construction of a custom home up to 6,000 sq ft.

Property SizeContact for details
Days on Market32

Property Features for 566 Garfield Ave

General Information

Standard status Active
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $650
Listing Agency:
Listed By: CHRISTINA DUNCAN
Source: Elliman
Added: Jul 10 Changed: Aug 8 Last Checked: Jul 10 at 4:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CHRISTINA DUNCAN

Investment Insights

Based on property information with market context.

This is a vacant residential building lot offered for sale, with full approval already in place and awaiting a buyer. The parcel is intended for the construction of a custom home up to 6,000 sq ft.

The property is located on Garfield Avenue in the Somerset section of Franklin Township, with nearby access to shopping, dining, parks, Rutgers University, major highways, and NJ Transit for commuting convenience.

With the approval status already completed, the site is positioned for a buyer to move forward with building their custom residence within the stated size limit.

Key Highlights

  • Vacant parcel on Garfield Avenue in the Somerset section of Franklin Township
  • Fully approved lot, awaiting a buyer
  • Build a custom home up to 6,000 sq ft

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 08873, NJ

55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant, fully approved parcel on Garfield Avenue, ready for construction of a custom home up to 6,000 sq ft.
Where is this residential land & home lot located?
The property is located at 566 Garfield Ave Somerset, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Vacant parcel on Garfield Avenue in the Somerset section of Franklin Township; Fully approved lot, awaiting a buyer; Build a custom home up to 6,000 sq ft
More about this property
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