Property profile

14 Us-202 Raritan Township, NJ 08551

OFF-MARKET
Land
2.45 ac lot
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Property summary

AI-generated overview

This exceptional 2.45-acre commercial land parcel presents a remarkable development opportunity in Raritan Township, New Jersey. Strategically located on Highway 202, this property enjoys high visibility and convenient access to Route 31, ensuring seamless connectivity to surrounding areas and local amenities. The property is zoned B-5, offering flexibility for a variety of commercial uses. Previously approved for an approximately 8,000 square foot building for municipal use, this site demonstrates significant potential for redevelopment. The fee simple ownership provides complete control and allows for immediate development. Its prime location and ample space make this a highly attractive investment for developers seeking a strategic foothold in a thriving New Jersey market. The asking price is $379,900. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location with a proven track record of development approval. Don't miss this chance to capitalize on the potential of this versatile property in Hunterdon County, NJ, zip code 08551.

Property profile

Verified
Property type Land
Lot 2.45 ac (106,722 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14 Us-202 Raritan Township, NJ 08551
Raritan Township metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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