Listing Agency: Avallon Real Estate Group a***@avallonre.com Show Phone

Listed By: Christopher J. Avallon · License #1751378 Show Phone

Added: May 14 Changed: Aug 19 Last Checked: Aug 21 at 10:06PM

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MLS# NJHT2004944

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Investment Insights

Based on property information with market context.

This commercial land offering is located in Union Township, Hunterdon County, within the Planned Commercial (PC) District. The lot size is 3.98 acres, and the parcel is identified as “Route 173 W lot: 2.” Development is subject to the NJ Highlands Act and the NJDEP Highlands Rules because the property is within the New Jersey Highlands Preservation Area.

The NJ Highlands Act framework can require a Highlands Preservation Area Approval (HPAA) from the NJDEP for non-residential development that is generally considered a Major Highlands Development, unless an exemption applies. The Highlands regulations may also limit impervious surface coverage. The Highlands Act includes certain exemptions, and single-family home construction may be exempt depending on the circumstances.

Permitted zoning uses in the PC District may include office, retail, medical, hotel, restaurant, athletic or recreational facilities, professional services, research, veterinary clinic, convenience shopping, light fabrication or assembly, and other uses permitted by the township. Buyers are responsible for independently verifying zoning, permitted uses, Highlands Act applicability, exemptions, required approvals, utilities, access, environmental constraints, and development feasibility with the appropriate agencies.

Key Highlights

• 3.98‑acre commercial land parcel identified as Route 173 W lot: 2
• Zoned in Union Township’s Planned Commercial (PC) District
• Located within the New Jersey Highlands Preservation Area subject to the Highlands Act

Property Analytics

Property Profile

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

76

Businesses Nearby

Explore this area Business Placement

Demographics for 08802, NJ

3,911

Population

1,604

Households

2.4

Avg Household Size

47

Median Age

47%

College-Educated

99%

High-School Grad

24.5 sq mi

ZIP Area

160

Density / Sq Mi

$131,012

Median Household Income

$53,524

Median Earnings

$2,194

Median Rent

$458,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land in Union Township’s Planned Commercial (PC) District, within the NJ Highlands Preservation Area with Highlands Act constraints.

Where is this commercial land located?

The property is located at ROUTE 173 W lot 2 Asbury, NJ.

What is the asking price?

The asking price for this property is $169,900.

What are key features of this property?

This property features: 3.98‑acre commercial land parcel identified as Route 173 W lot: 2; Zoned in Union Township’s Planned Commercial (PC) District; Located within the New Jersey Highlands Preservation Area subject to the Highlands Act