Development Opportunity with Charming
For Sale
$1,005,000
256 E Main St, Somerville, NJ 08876
Property with development potential, featuring a charming existing home.
Property SizeContact for details
Days on Market132
Property Features for 256 E Main St
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$20,476
Amenities
Central air
1 Unit Heating
Composition Shingle Roof
Level Lot
On-Street Parking
Parking Lot-Exclusive
Wall A/C Unit(s) Cooling
Building Details
Year Built
1930
Listing Agency:
MCLACHLAN, INC.
(908) 526-2300
Listed By:
LEIGH MCLACHLAN
Source:
Corcoran
Added: Apr 3
Changed: Aug 8
Last Checked: Jul 15 at 8:38PM
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 MCLACHLAN, INC.
Investment Insights
Based on property information with market context.
This property offers an exceptional opportunity for development, consisting of either two or three lots, including a residence. The existing home is noted for its beauty and charm, making it suitable for renovation or expansion. The combination of multiple lots and the existing home presents a chance to build, expand, or invest. The property is suited for those seeking a project with considerable promise, whether maintaining the current residence or pursuing new construction.
Key Highlights
- Property development opportunity with multiple lots.
- Includes a charming, existing residence, built in 1930.
- Ideal for renovation, expansion, or new construction.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 08876, NJ
22,849
Population
9,717
Households
2.4
Avg Household Size
40
Median Age
56%
College-Educated
94%
High-School Grad
16.0 sq mi
ZIP Area
1,428
Density / Sq Mi
$120,823
Median Household Income
$70,464
Median Earnings
$1,776
Median Rent
$468,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Property with development potential, featuring a charming existing home.
Where is this residential land & home lot located?
The property is located at 256 E Main St Somerville, NJ.
What is the asking price?
The asking price for this property is $1,005,000.
What are key features of this property?
This property features: Property development opportunity with multiple lots.; Includes a charming, existing residence, built in 1930.; Ideal for renovation, expansion, or new construction.
