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    OFF-MARKET
    Land

    14 Us-202, Raritan Township, NJ 08551

    2.45 ac lot
    Property ID
    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
    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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