Franklin, NJ 08540 Franklin, NJ 08540
LAND - Franklin, NJ
- Added:
- May 19, 2022
- Days on Market:
- 1514
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active Under Contract
- Lot size
- 7.96 Acres
Listing agent Nicolas DiMeglio License #SB8836826 (732) 828-9403
Listing office BHHS Fox & Roach Princeton Home Marketing Center NJ (609) 924-1600
Listing date May 19, 2022
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Investment Insights
Based on property information with market context.
The property is currently zoned RR3 and was previously used for a flower shop with greenhouses. It is described as centrally located near schools, religious buildings, shopping, the Route 1 corridor, and public transportation with a bus to NYC, just minutes away from Princeton.
The site configuration supports multiple rental components in addition to the greenhouse structure, offering flexibility for continued mixed-use residential and income-oriented operations within the existing zoning framework.
Key Highlights
- High income‑generating potential with existing rentals totaling $5,700 per month.
- Large 7.96‑acre lot offers ample space and potential for expansion.
- Includes a 4‑bedroom, 2‑bath residential home with a basement.