10 Cedar Grove LnFranklin Township, NJ 08873

Property Details for 10 Cedar Grove Ln

Construction

FRAME

Lot size

1.22 AC

Property size (Sq ft)

2,888 SF

Zone code

GB

Property type

Other commercial real estate

APN

08 00424- 02-00023- 03

APU

800424020002303

Description

This exceptional single-tenant retail property, located at 10 Cedar Grove Lane in Franklin Township, Somerset County, New Jersey, presents a compelling investment opportunity. The 2,888 square foot building sits on a generous 1.2-acre lot, providing ample space and potential for expansion or redevelopment. The property boasts excellent visibility and accessibility due to its 130-foot frontage on Cedar Grove Lane, a key thoroughfare in a thriving commercial area. The building is a single-story structure with eight parking spaces, catering to both customers and employees. The zoning is designated as GB, offering flexibility for various commercial uses. The property's address is 10 Cedar Grove Lane, Franklin Township, NJ 08873, with a cross street of Easton Avenue. The property's parcel number (APN) is 08-00424-02-00023-03. This Class C property is ideal for a variety of retail businesses or redevelopment projects seeking a prominent location in a high-traffic area. The property's single-tenant occupancy offers immediate income potential or the opportunity to lease to a suitable tenant. The ample lot size provides significant expansion possibilities. This is a rare opportunity to acquire a well-located retail property in a desirable Somerset County location. The property is conveniently located near major transportation routes, ensuring easy access for customers and employees.

• Alternative Use

  Use

  Valuation

  Residential

  $546,523

  Hospitality

  $500,612

  Educational

  $416,503

  Medical

  $430,827

  Retail

  $647,894

Location Insight

City

Somerset

County

Somerset

State

New Jersey

Latitude

40.5345

Longitude

-74.5079

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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