Mary Lou Erk - Coldwell Banker Hearthside
53 Route 23
Franklin Boro, NJ 07416

Description

Prime Location Zoned Highway Commercial which allows Motel, Mixed-Use, Retail & more. Seller has concept engineering site plan footprint 5992 SF 2-story Building (35 U) Motel Underground garage. Owner has NJ DEP LOI for wetlands. Marquis Sign & Posts remain. All utilities available, high visibility. Town is flexible. Buyer to bear all cost & expense for all site plan approvals to redevelop. One of the last 1.4 acres on State Highway to Develop. In 2017 Lot 13 Asessment was Lowered by $153,900, taxes reduced by approx. $5600 per year.

Details

MLS#3456402
Sub-TypeResale
StatusActive
Days On Site258

Features

ZoningHighway Comm
Acreage1.40

Additional Information

Annual Tax Amount10956
Assesed Tax Valuation301000
Tax ID3.640
Tax Rate2017
Tax Rate Year2017

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Area Information

StateNJ
CountySussex
CityFranklin Boro
Zip Code07416
AreaSussex
Listing VS Median (in 07416)
Price:
$808,000
low | high
Med:
$179,000
100% of Average
On Site:
258
low | high
Med:
14
100% of Average
Listing Updated: 12/09/2018
MLS Number: 3456402
Listing Provided By:
BRACKEN ROBERT J.  of  TELRIDGE ASSOCIATES