1100 1104 Route 28, Branchburg Twp., NJ 08876

$775,000
5
BD
3
BA
List Price
$775,000
Price Change
▼ $100,000 1658479463
MLS#
3794375
Dom
64
Year Built
9999
Status
ACTIVE
County
Somerset
City
Branchburg Twp.
Bedrooms
5
Bathrooms
3
Baths Full
3
Acres
1.18

Property Description

INVESTMENT & DEVELOPMENT OPPORTUNITY in Branchburg NJ! This is a great opportunity to acquire two occupied income generating properties renovated in 2018 generating over $60K+ per year. Approved plans are available once proof of funding has been received and permits are available after an offer has been accepted for a 3 lot subdivision. On the 3rd lot there are approvals for a 9 unit affordable housing 3 floor apartment building. The city is offering a $225k grant upon completion of the building and a Certificate Of Occupancy. White Multifamily rented for $3150 pcm and $2000 for the blue house. The tenant within the blue house is currently being evicted. Close to all modes of transportation, Raritan Valley College, Bridgewater Mall and interstate 287/78.

Additional Information

Taxes
$8,001
Cooling
Ceiling Fan, Wall A/C Unit(s)
Exterior
Wood
Heating
1 Unit, Forced Hot Air
Interior
Carbon Monoxide Detector, Fire Extinguisher, See Remarks
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Lot Description
Open Lot

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Listing Courtesy Of RE/MAX FIRST REALTY II, Contact: 908-664-1500

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