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387 Franklin Ave - McWilliams 3G

17 Acres of Industrial Land Offered at £256,425 in Rockaway, NJ 07866

Investment Highlights

  • isolated for user needing that or a perfect add on to development on the Denville side if interested.

Executive Summary

Many uses possible but a variance will be needed to use other than industrial. Information on the Rockaway tax maps is not correct. Blk 84, Lot 5.03 is the new designation. ALL INFORMATION ON THIS PROPERTY IS IN THIS LISTING. PLEASE LOOK OVER THOROUGHLY BEFORE CALLING WITH ANY QUESTIONS YOU MAY HAVE. PLEASE.

Property Facts

Price £256,425
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Distribution
  • Research and Development
  • Single Family Development
  • Warehouse
Total Lot Size 17.00 AC

1 Lot Available

Lot 5.03

Price £256,425
Price Per AC £15,084
Lot Size 17.00 AC

An undeveloped wooded lot with wetlands and buffers zoned for Industrial use, this lot is desired by Rockaway Borough for possible residential use as an alternative to current zoning. We expect about 2 acres usable. Access issues are not easy!

Description

ALL INFORMATION WE HAVE IS FOUND IN THIS LISTING. PLEASE DON'T JUST ASK FOR MORE INFORMATION. SPECIFIC QUESTIONS WILL BE ADDRESSED BUT GO TO PHOTOS AND DOCUMENTS TO ANSWER MOST QUESTIONS. I FIELD ABOUT 3 INQUIRIES A DAY AND MY USUAL ANSWER IS TO LOOK HERE FOR YOUR INFORMATION. Also, the town's tax maps show the adjacent property with the 80k sf flex building which we do not own and is not part of this sale. Our land is undeveloped with wetlands and narrow frontage on Franklin Avenue. See PDFs for Surveys. Note surveys have not been updated to reflect our subdivision creating lot 5.03 of 17 acres. An undeveloped wooded lot with wetlands and buffers zoned for High Tech Industrial use, this lot is desired by Rockaway Borough for possible residential use as an alternative to current zoning. We expect about 2 acres usable. Will help with any efforts a buyer may have in mind including a plan to provide a path to this property. Adjacent 72 acres (Blk 40201, Lot 9.01) in Denville can be added for $1,950,000 also zoned industrial with a residential overlay on the road frontage. All the property has been removed from the Wastewater Management Plan so that needs to also be resolved.

zoning

Zoning Code Industrial (Town has this lot zoned for High Tech Industrial so any other use will require use variance and this use still requires approvals, too.)
Industrial (Town has this lot zoned for High Tech Industrial so any other use will require use variance and this use still requires approvals, too.)
  • Listing ID: 24829320

  • Date on Market: 13/01/2022

  • Last Updated:

  • Address: 387 Franklin Ave, Rockaway, NJ 07866

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