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    14 Us-202 Raritan Township, NJ 08551

    • Land
    • 2.45 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 14 Us-202

    Lot size
    2.45 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raritan Township
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.858
    Latitude
    40.4441

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    14 Us-202
    Raritan Township, NJ 08551
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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