515 Central Ave Plainfield, NJ 07060
- Land
Current Use by Public Records
- Land
Property Details for 515 Central Ave
- Property type
- Land
Description
This exceptional 6,500 square foot lot, located at 515 Central Avenue in Plainfield, New Jersey (zip code 07060), presents a unique investment opportunity. Situated on a major roadway, this property boasts a versatile size (approximately 60 feet by 105 feet) and flexible zoning that allows for a variety of development projects. The zoning permits mixed-use, commercial, or residential construction, offering significant flexibility to prospective buyers. This prime location provides excellent visibility and accessibility. Furthermore, the property's potential is enhanced by the presence of an adjacent city-owned lot, presenting an opportunity for expansion and increased development potential. The asking price for this land is $850,000. This is an ideal site for developers seeking a strategic location in Union County, New Jersey, to create a thriving commercial or residential development, or a combination of both. The property is classified as both commercial and residential land. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plainfield
- County
- Union
- State
- New Jersey
- Longitude
- -74.4215
- Latitude
- 40.6136
