342 S Branch Rd, Hillsborough Twp., NJ 08844

$1,200,000

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List Price
$1,200,000
MLS#
4042439
Dom
51
Status
ACTIVE
County
Somerset
City
Hillsborough Twp.
Acres
4.70
Lot Size
4

Property Description

Main value in 4.7 Acres of Land. Substantial multifamily house, possible office conversion. 2 car garage. Property adjoins a 2-story mixed-use apartment building. Adjoining property is a YMCA. One mile to municipal complex. Will meet area and set-back requirements. Owner will sell subject to approval. Has a useable 2-family home on site with separate garage. Can be converted into daycare, mechanical shop or garage. DO NOT disturb tenant in the building. Property is Flat with sewer & water. Township would be open to various uses including commercial and mixed use. Rare zoning of commercial uses opens up a wide variety of commercial uses. House is in good condition and is rented. Possible conversion to office or leave as rental and use rest of property for commercial business. Wetland Delineation Map available upon request. Adjoining buildings are mixed-use retail apartments & YMCA. One of the last few parcels in town for commercial development. Multifamily House in Good Condition and has one 4 bedroom/2 bathroom unit and one 2 bedroom/1 bath unit. Rents are $3,500 and $2,500 per month. Zoning, survey and wetland map attached in Documents.

Additional Information

Taxes
$11,175
Lot Description
Level Lot, Open Lot

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Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 908-295-6664

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