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Property profile & analytics
OFF-MARKET
Land

349 Terrill Rd Scotch Plains, NJ 07076

0.17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.17-acre commercial and residential lot, located at 349 Terrill Rd, Scotch Plains, NJ 07076, presents a unique investment opportunity. The property, encompassing 7,405 square feet, is zoned B-1, allowing for a variety of commercial uses. A variance obtained in December 2022 permits the construction of a side-by-side duplex. Each unit is designed for six or seven rooms, including three bedrooms, with the potential to finish a third floor. All necessary utilities – water, sewer, and gas – are readily available. The lot is situated at the end of a short, quiet street (Gables Street), has been cleared, and is ready for immediate development. This prime location in Union County offers convenient access to major roadways and local amenities. The asking price is $349,900. Prospective buyers are encouraged to verify permitted uses with the local zoning authorities.

Property profile
Verified
Property type Land
Lot 0.17 ac (7,405 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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