3 months on rocket

3995 Rte 27, Franklin Twp, NJ, 08540

$3,600,000

46.90 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #3915014
Lot Size46.90 Acres
StatusActive

About 3995 Rte 27

Imagine the possibilities that this expansive 49.6 acre treed property can offer you. Nestled in a serene location, this property is currently zoned residential and boasts beautiful pastoral views, making it a perfect canvas for your development dreams. A stream runs along the right side of the property. Buyer will be responsible for removal of all existing structures and a Phase 1 study has been completed. Buyer to conduct its own due diligence regarding any variance, sub-division, or engineering requirements. Seller makes no representations as to zoning or yield of units. Buyer will be responsible for any rollback taxes associated with this property. There is a 2,600 sq. ft. home on the property built in 1982 offering 3 bedrooms, 2 baths with public water and natural gas available. The 2-chamber septic system is located on the right side of the driveway. The home has good bones but needs some updating. It is included in it's present condition and seller will make no repairs. Lease ends 12/31/2024.The property offers a unique opportunity to create something special. Whether you envision a private estate, a new residential development, or a recreational retreat, the potential here is vast.Please do not attempt to access property on your own unless accompanied by ownership. Neighbors hunt around the property and owners nor listing broker will be responsible for any injuries due to trespassing on this property.

Property Details

Property Features

Listing Office:

  • Office Name: BHHS FOX & ROACH
  • Office Phone: (732) 828-9403

Lot Features

Lot Information:

  • Lot: Wooded, Barn, See Remarks
  • Lot Size: 46.90 Acres

Other

Directions Information:

  • Directions: Route 27 south past entrance to 518 property will be on right look for sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,600,000
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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

3995 Rte 27 vs Franklin Township

119 DAYS ON ROCKET

+70 Days

$3,600,000

+$3.1M More

KEY TAKEAWAY

This property is $3.1M 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: #3915014

Listing Office:

  • Office Name: BHHS FOX & ROACH
  • Office Phone: (732) 828-9403

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: 11/21/2024, 10:20:51 PM 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

$18K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.8K

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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-433679
4
/10
  • Claremont Elementary School

  • 175 Claremont Rd

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-433680
6
/10
  • Franklin Park School

  • 30 Eden St

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-433681
5
/10
  • Greenbrook Elementary School

  • 23 Roberts St

  • 1.07 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,460. Residents of Franklin Township, NJ typically earn between $35k-100k each year. 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 3995 Rte 27

What is the listing price of this property?

The listing price of 3995 Rte 27 property is $3,600,000.

What type of property is this?

The property 3995 Rte 27 is land located in Franklin Twp, New Jersey, 08540.

Is this property for sale now?

Active Listing: 3995 Rte 27 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 3995 Rte 27 is 46.90 acres.
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Rocket Homes›New Jersey›Somerset County›Franklin Township›08540›3995 Rte 27

This home is located at 3995 Rte 27 in Franklin Twp, NJ and zip code 08540. This home sits on a 46.90 acre lot. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $3,600,000.

In October 2024 more than 38 listings in Franklin Township, NJ were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Franklin Township, NJ increased by 7% between September 2024 and October 2024. 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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