Land with Greenhouse and Rentals

Franklin, NJ 08540 Franklin, NJ 08540

Claim this Listing
For Sale
Under Contract
$1,600,000

LAND - Franklin, NJ

Lot size:
7.96 Acres
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

Listing office BHHS Fox & Roach Princeton Home Marketing Center NJ

Listing date May 19, 2022

MLS# 2214377R

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This nearly 8-acre property includes a 4-bedroom, 2-bath residential home with a basement, currently rented for $2,200 per month. Also on site is a separate office/shop building rented for $3,000 per month, and a trailer rental in the rear for $500 per month. Behind the shop, a greenhouse building features fans but does not have heat.

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.

Property Analytics

Location Intelligence

Current Use by Public Records

Single family properties

FAQs

What type of property is this?
Single family property - Nearly 8 acres with an income-producing home, a rented office/shop, and rear greenhouse building with fans.
Where is this single family property located?
The property is located at Franklin, NJ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message