6 months on rocket

2701 State Route 27th Hwy, Franklin, NJ, 08873

$1,100,000

1.50 Acres
Land

Location

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Property Highlights

Home TypeResidential
ParkingDriveway
MLS #2411246R
Lot Size1.50 Acres
StatusActive

About 2701 State Route 27th Hwy

Prime Development Site on Route 27 The property is 1.5 Acre Lot on busy Route 27 located minutes from downtown New Brunswick, Rutgers University, RWJUH, St. Peters, Routes 1 & 18, and Princeton University. The zoning is Cluster Residential. The Following Are Permitted Uses: One Family Dwellings Two-Family Dwellings Garden Apartment Developments Townhouse Developments Residential Cluster Developments Community Residences (Conditionally Approved) Churches and Other Similar Places of Worship (Conditionally Approved) Property Features: Prime Location Near Finnegan's Lane Property is 1.5 Acres Lot Dimensions: 100'x655' Development on the Left Side of the Property could have North East Facing Doors Garden Apartments or Townhouses Might be the highest and Best Use. Existing Residence on Site Could be Rented for Income During the Development Process Current Real Estate Taxes: $7,461 Asking $1,100,000 
Please call Broker for more information or to schedule to see the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Remarks

Listing Office:

  • Office Name: DAVIS REALTORS

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: See Remarks, Wetlands
  • Lot Size: 1.50 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
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Housing Market Comparison

See how this home compares to others in Franklin Township, NJ.

Med. Sold Price

$484.2K

Med. Price/SqFt

$304

Avg. Days On Market

49

# of Sold Homes

55

2701 State Route 27th Hwy vs Franklin Township

207 DAYS ON ROCKET

+158 Days

$1,100,000

+$615.7K More

KEY TAKEAWAY

This property is $615.7K more than the Median Sold Price in Franklin Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2411246R

Listing Office:

  • Office Name: DAVIS REALTORS

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-795699
5
/10
  • Brunswick Acres Elementary School

  • 41 Kory Dr

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-795700
6
/10
  • Franklin Park School

  • 30 Eden St

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-795701
4
/10
  • Claremont Elementary School

  • 175 Claremont Rd

  • 1.45 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,458. Most Franklin Township, NJ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2701 State Route 27th Hwy

What is the listing price of this property?

The listing price of 2701 State Route 27th Hwy property is $1,100,000.

What type of property is this?

The property 2701 State Route 27th Hwy is land located in Franklin, New Jersey, 08873.

Is this property for sale now?

Active Listing: 2701 State Route 27th Hwy is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2701 State Route 27th Hwy is 1.50 acres.
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Rocket HomesNew JerseySomerset CountyFranklin Township088732701 State Route 27th Hwy

This home is located at 2701 State Route 27th Hwy in Franklin, NJ and zip code 08873. This home sits on a 1.50 acre lot. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $1,100,000.

In October 2024, from all listings sold in Franklin Township, NJ there were more than 38 sold above asking price, over 12 sold below and more than 5 were sold right at the asked price. The number of listings in Franklin Township, NJ increased by 7% between September 2024 and October 2024. Listings spent 49 days on the market in October 2024, and had a median list price of $484,234 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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