For Sale
$510,000

490 Hamilton StFranklin Township, NJ 08873

Prime Commercial Land, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional commercial property, located at 490 Hamilton Street in Franklin Township, New Jersey, presents a compelling investment opportunity. The 08873 zip code location offers convenient access to major transportation routes and local amenities. The property consists of a two-story building situated on a large lot, complemented by a detached two-car garage. Built in 1970, the building features a central air and furnace system, installed in 2007, and boasts separate utilities for optimal efficiency. Currently, the second floor is occupied by a tenant paying $2,300 per month in rent, demonstrating strong rental potential. The first floor, previously used as an office space, is currently vacant, offering immediate flexibility for a variety of commercial uses. The asking price is $510,000. This property is priced to sell and represents a significant opportunity for investors seeking a strong return on investment in a desirable New Jersey location. The substantial lot size and existing building provide ample space for expansion or redevelopment, catering to a wide range of commercial ventures. The property's features, combined with its strategic location, make it an ideal choice for both seasoned investors and those seeking to enter the commercial real estate market. Serious inquiries are encouraged.

Highlights

  • $510,000 asking price for this commercial land parcel.
  • Located at 490 Hamilton Street, Franklin Township, NJ 08873.
  • Property type: Commercial Land.
  • Features a two-story building (built 1970), currently with a tenant paying $2,300/month on the second floor and a vacant first floor (previously office space).
  • Includes a detached two-car garage and large lot.
  • Central air and furnace installed in 2007; separate utilities.

Property Details for 490 Hamilton St

Property type
Land
Year Built
1970
Stories
2

Location Insight

City
Franklin Township
County
Somerset
State
New Jersey
Latitude
40.494975
Longitude
-74.4630268
490 Hamilton St, Franklin Township, New Jersey

FAQs

What type of property is this?
Land - Prime Commercial Land, High Potential
Where is the land located?
The property is located at 490 Hamilton St Franklin Township, NJ.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: $510,000 asking price for this commercial land parcel.; Located at 490 Hamilton Street, Franklin Township, NJ 08873.; Property type: Commercial Land.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
490 Hamilton St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message