150 West Franklin Av W Franklin Ave, Pennington, NJ 08534

$1,000,000

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List Price
$1,000,000
Days on Market
15
Status
ACTIVE
MLS#
NJME2082816
Lot Size (Acres)
2.1
County
Mercer
School District
Hopewell Valley Regional Schools

Property Description

Development opportunity! 2.1 acres zoned for Townhouse development at corner of Route 31/ West Franklin Ave in Pennington Boro. Concept plan is for 12 units, could be up to 16 units with creative design. Public Water and Sewer. See zoning regs on documents for specific requirements. There is a a 20% affordable housing set aside of the units for sale, 15% set aside if units are rental. Existing homes at 144 and 148 West Franklin Ave are excluded and will be subdivided. Buyer responsible for obtaining all permits. Property is located close to Timberland Middle School and Hopewell Valley Regional High School.

Additional Information

Area
Pennington Boro (21108)
Taxes
$11042
School District
Hopewell Valley Regional Schools
Elementary School
Toll Gate Grammar School
Middle School
Timberlane M.S.
High School
Hoval Reg
View
Creek/Stream
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach Hopewell Valley. Contact: 6097379100