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Route 55 and Route 40 Interchange - 50 Acres, Rt. 55 and Rt. 40, Franklin Twp.

50 Acres of Commercial Land Offered at £6,873,087 in Malaga, NJ 08328

Investment Highlights

  • Subdivision Possible.

Executive Summary

Now in the hands of an architect for conceptual plan for township approval and subdivision possible. Great for a car lot, retail landscapers, a small warehouse, contactors, shopping center, hospitality, and government buildings to name a few. Buyer responsible for Roll Back Taxes.

Property Facts

Price £6,873,087
Sale Type Investment or Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Hospitality
  • Auto Dealership
  • Auto Repair
  • Bank
  • Carwash
  • Community Centre
  • Contractor Storage Yard
  • Convenience Store
  • Daycare Centre
  • Drugstore
  • Fast Food
  • General Freestanding
  • Hotel
  • Medical
  • Motel
  • Neighborhood Centre
  • Office Park
  • Religious Facility
  • Restaurant
  • Service Station
  • Storefront, Retail or Office
  • Strip Centre
  • Warehouse
Total Lot Size 50.00 AC

1 Lot Available

Lot 4731

Price £6,873,087
Price Per AC £137,462
Lot Size 50.00 AC

Harding

Description

50 acres clear Highway Commercial Land, previously fully approved for 500,000 SF Commercial Bldg. Trees at perimeter, contiguous parcels totaling 50+ acres and one house, NOT PRESERVED FARMLAND, small wetland area at rear of property, at Rt. 55 & Rt. 40 Intersection. Buyer responsible for Roll Back Taxes. Engineer will share all documents and information to Buyer. All major site plans available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-04701-0000-00001-0000-QFARM
Land Assessment
£3,218
Improvements Assessment
£0
Total Assessment
£3,218

zoning

Zoning Code IC (Interchange Commercial)
IC (Interchange Commercial)
  • Listing ID: 25066437

  • Date on Market: 16/02/2022

  • Last Updated:

  • Address: Route 55 and Route 40 Interchange, Malaga, NJ 08328

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