226 Mcfarlan StDover, NJ 07801

  • Commercial real estate
  • 0.16 AC
For Sale
$239,800 View listing

Property Details for 226 Mcfarlan St

Year built
1940
Construction
CONCRETE BLOCKS
Lot size
0.16 AC
Zone code
C-2
Property type
Commercial real estate
APN
09 01318-0000-00009
APU
901318000000009

Description

This exceptional 0.16-acre commercial lot, situated on Route 46 in Dover, New Jersey, presents a unique opportunity for entrepreneurs and businesses. Zoned C-2, this property offers significant potential for a variety of commercial uses. The lot measures approximately 6,800 square feet and is partially paved, featuring a small concrete slab where a previous structure was removed. A detailed survey is available for review. The seller possesses comprehensive documentation related to the property's previous use, including applications for variances, which can be invaluable in navigating the approval process. For a visual reference, historical satellite imagery showcasing the previous structure and parking area is available upon request. This prime location on Route 46 ensures high visibility and accessibility, making it an ideal site for a small business. The town of Dover is actively seeking development for this location. This property is being offered at $239,800 and represents a compelling investment opportunity for those seeking a strategic foothold in a thriving commercial area. Interested parties are encouraged to contact the listing agent to discuss the possibilities and explore the potential of this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,433,908
    Hospitality
    $1,313,452
    Educational
    $1,092,777
    Medical
    $1,130,359
    Retail
    $1,699,875
226 Mcfarlan St, Dover, New Jersey

Location Insight

City
Dover
County
Morris
State
New Jersey
Latitude
40.8883
Longitude
-74.551
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,503
$219,900
$100
$220,000
-
$219,900
$100
$220,000

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