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287 Cedar Grove Ln, Franklin Twp, NJ, 08873

$5,500,000

31.50 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #3930008
Lot Size31.50 Acres
StatusActive

About 287 Cedar Grove Ln

Outstanding OPPORTUNITY comes up occasionally in a Lifetime. Amazing LOCATION. Cedar Grove Lane was renamed "INTERFAITH LANE', to respect the many places of worship in a community that cares. Surrounded by existing Businesses, new Home Developments, Residential and Commercial. Within an hours drive from NYC, Jersey Shore towns, Rivertowns and Philadelphia.

Property Details

Property Features

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (908) 229-4897

Lot Features

Lot Information:

  • Lot: Level, Open Lot, See Remarks
  • Lot Size: 31.50 Acres

Other

Directions Information:

  • Directions: 287S, exit 10, EASTON AVE, R onto CEDAR GROVE LANE, #287 on R

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000
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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

287 Cedar Grove Ln vs Franklin Township

34 DAYS ON ROCKET

-15 Days

$5,500,000

+$5.0M More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price in Franklin Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3930008

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (908) 229-4897

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 12:55:46 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

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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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-480219
6
/10
  • MacAfee Road School

  • 53 Macafee Rd

  • 2.18 miles

  • Public District Grades PK-5

school-card-donut-480220
4
/10
  • Conerly Road School

  • 35 Conerly Rd

  • 2.30 miles

  • Public District Grades PK-5

school-card-donut-480221
3
/10
  • Elizabeth Avenue School

  • 363 Elizabeth Ave

  • 2.55 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,907. The majority of Franklin Township, NJ residents have income between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 287 Cedar Grove Ln

What is the listing price of this property?

The listing price of 287 Cedar Grove Ln property is $5,500,000.

What type of property is this?

The property 287 Cedar Grove Ln is land located in Franklin Twp, New Jersey, 08873.

Is this property for sale now?

Active Listing: 287 Cedar Grove Ln is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 287 Cedar Grove Ln is 31.50 acres.
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Rocket HomesNew JerseySomerset CountyFranklin Township08873287 Cedar Grove Ln

This home is located at 287 Cedar Grove Ln in Franklin Twp, NJ and zip code 08873. This home sits on a 31.50 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $5,500,000.

Over 38 listings were sold over their listed price in October 2024 in Franklin Township, NJ. In the same period over 12 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Franklin Township, NJ between September 2024 and October 2024 increased by 7%. In October 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $484,234.

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

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