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101 & 103 Main St

1.36 Acres of Commercial Land Offered at £276,150 in Readington, NJ 08889

Investment Highlights

  • At Rt 22 intersection with stop light.
  • + 300' Main Street frontage, across from a retail mall.

Executive Summary

PROPERTY IS ZONED BUSINESS SEE PERMITTED USES ATTACHED BELOW, But the town is willing to consider appropriate uses for this highly visible lot.
Home occupations (in residences existing at the time of adoption of this chapter), excluding medical, dental, real estate offices and other high-traffic-generating uses.
(b) Small professional and general office, excluding medical, dental, real estate offices and other high-traffic-generating offices.
(c) Small appliance repair services, excluding automotive repair.
(d) Facilities for fabricating, finishing or assembling handcrafts, gifts, ornamental or similar goods for sale exclusively on the premises and at retail, provided that horsepower does not exceed two horsepower for any one machine and is not in excess of a total of 10 horsepower for any one business.
(e)Child-care centers.

Taxes & Operating Expenses (Actual - 2021)

Annual Annual Per AC
Taxes £12,759 £9,381.37
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2021)

Taxes
Annual £12,759
Annual Per AC £9,381.37
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £12,759
Annual Per AC £9,381.37

Property Facts

Price £276,150
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Community Centre
  • Daycare Centre
  • Industrial Live or Work Unit
  • Medical
  • Public Park
Total Lot Size 1.36 AC

1 Lot Available

Lot 10

Price £276,150
Price Per AC £203,051
Lot Size 1.36 AC

2 lots(formerly 10 & 13) combined into one 1.36 parcel Property fronts on Rt 22 and 523, +300' frontage. 3/4 mile from Rt78 . Attached PEEK report is for one of the two lots. DOT 2018 traffic counts on Rt 523 +11,000, significantly higher on Rt 22.

Description

PROPERTY ZONE B + 300' of frontage on Main Street, at a Rt 22 traffic signal, across the street from a retail mall. DIRECTLY OFF ROUTE 22 WITH SMALL FRONTAGE ON THE HIGHWAY BLOCK: 24 LOTS: 10 & 13

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-00024-0000-00001
Land Assessment
£164,822 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£164,822 (2024)
Annual Taxes
£12,759
Tax Year
2021

zoning

Zoning Code BUSINESS
BUSINESS
  • Listing ID: 15258063

  • Date on Market: 22/02/2019

  • Last Updated:

  • Address: 101 & 103 Main St, Readington, NJ 08889

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